If you are of a certain age, you will probably remember late night commercials for the Showtime Rotisserie that encouraged TV watchers to “set it and forget it”. The Showtime Rotisserie sold millions of units and made its owner and main pitchman Ron Popeil very rich.

I never succumbed to the temptation to buy a Showtime Rotisserie but I do think Ron`s pitch to “set it and forget it” makes a lot of sense when it comes to saving for retirement. A lot of research shows that investors who buy and sell frequently end up making a lot less money than others who leave their investments (preferably low cost index funds) untouched for years and even decades.

Altogether too much time and energy is spent trying to guess which way the “market” will go. This is unknowable and the events of the last few years clearly proves this. Very few highly paid market analysts predicted the crash of 2009. So instead of spending time trying to predict the unpredictable, follow the common sense, less stress method for investing explained in this blog.

The key to successful retirement saving is consistency over many years – 40 years in fact. Making sure you remain a valuable employee or a successful business owner over your working career is a lot more valuable than spending time guessing what will happen to interest rates or oil prices.

If you continue to earn and continue to invest your set percentage in low cost index funds for 40 years, you will be prepared financially for retirement. If you have some free time along the way, focus on other predictors of retirement happiness – physical fitness, healthy diet and maintaining social relationships.