7 Important Decisions If You Want to Retire 10 Years from Now

Get rid of debts

Retiring with a large debt burden is not a prudent idea, as the debt repayments can eat up most of your income, leaving you with next-to-nothing for day-to-day expenses and medical emergencies. So, get rid of all your debts – credit cards, business loans, and mortgage – as quickly as possible, even if it means saving less.