You are responsible for you. Gone are the days of corporate pensions.
Retirement years shouldn’t be a time of sitting around watching the grass grow. Your early retirement years should be spent doing the things you love to do now, along with all those things you’ve always dreamed of. The biggest difference is the amount of time you have to do them. Instead of hurrying through Yellowstone, this is the time you stop and enjoy the geysers and compare the colors and smells. Europe can be done in seven weeks rather than seven days.
Saving for retirement doesn’t have to be complex. Your plan, however, is unique to your personal situation.
If your employer has a retirement plan, the first thing you need to do is fund it to at least capture 100% of the company match. Your goal after that is to work yourself up to a point where you are funding the maximum allowed. Plans are different, so please see your employer for details.
If you are self-employed there are many plans available to you. The plan you choose depends on your tax situation. Our advisors would be happy to look over your tax return history and develop the plan that fits your personal situation best.
If your employer doesn’t offer a plan or if your situation doesn’t fit the “standard”, you still have plenty of options for stashing away funds to secure your lifestyle in your retirement years. Our advisors would be happy to assist you in developing the best strategy for you.
Regardless of the process you use, the key is to get started today … whatever your age. Every dime you save today helps to secure your tomorrow.
Are you ready to take control of your financial future? Answer a few questions, and we’ll see where you’re at.