Take responsibility for your future

For most people there is no absolute job security. Pension plans are woefully inadequate and won't come close to covering your living expenses in retirement. A necessary step to reaching financial security is to plan for it now, regardless of your age.

To plan for your retirement you have to define what financial security means to you. How many assets do you need for financial independence?

What is that amount for you? It is probably more than you think. The sooner you define it the sooner you can reach it. Do you have a financial plan? It will help you determine your financial goals and your time line. You have to know what they are before you can reach them.