Top 10 Ways to Prepare for Retirement

Financial security in retirement doesn’t just happen. It takes planning and commitment and, yes, money.

• Fewer than half of Americans have calculated how much they need to save for retirement.
• In 2012, 30 percent of private industry workers with access to a defined contribution plan (such as a 401(k) plan) did not participate.
• The average American spends 20 years in retirement. (are you ready?)
Putting money away for retirement is a habit we can all live with. Remember…Saving Matters!

1. Start saving, keep saving, and stick to your goals
2. Know your retirement needs
3. Contribute to your employer’s retirement savings plan
4. Learn about your employer’s pension plan
5. Consider basic investment principles
6. Don’t touch your retirement savings
7. Ask your employer to start a plan
8. Put money into an Individual Retirement Account
9. Find out about your Social Security benefits
10. Ask Questions

More details on this article go to:

Speak Your Mind