How Do You Successfully And Efficiently Save Money For Retirement?
It is often hard to save for retirement. There are so many things that take money these days – especially our gas tanks. Money can be hard to come by. Sometimes it seems like retirement is far aware…why save now? Every little bit helps! Saving for retirement can be less painful than you think. If you start early, it can actually be quite easy. If you work for a company that has a matching 401K program, contribute at least as much as the company will match – that is FREE money! If your company does not havea 401K, find out if there is a 403B that you can contribute funds. Even $50-a couple hundred dollars a paycheck can really go a long way. Ret time-based goals. For example, by 35, you may want to have $32,000 to match your age. Or…you may want to double your age in dollars. Set aside money for a Roth IRA either on a yearly basis, quarterly, or monthly. This money should be in addition to your 401K or 403B. This money is taxed now, but money in this investment is actually there and
