Kiplinger

Is Your Retirement Plan Completely Backward?

When you are younger and it comes to investing and saving for retirement, what's happening with your investments today or next week isn't as critical as when you are nearing or reach retirement; it's the long-range outcome that counts.

Unfortunately, many people are fixated only on what's happening inside their portfolio right this minute. I've met DIYers who brag about spending hours watching the daily machinations of the market, and they celebrate or pout, depending on the gains of the hot new stock they just purchased. Others (including my grandpa back in Illinois) put their

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