Are You Planning for Retirement?
Often times the last thing we think about is planning for retirement. Depending on the financial education you've received, many individuals don't get started on retirement planning early in life. Whether it's the thought that everybody else will age but you or your to busy building business and advancing careers, retirement is something that shouldn't be ignored. Retirement is a real issue and the sooner you start planning the better your retired life will be.
Leo of Zen Habits says one of the best ways to get started is:
"Max Out Your 401(k). Probably the easiest and best thing you can do to get your retirement plan going. It’s easy, especially if you are an employee, as you are probably already enrolled in a 401(k). All you have to do is fill out a form to increase it to the maximum contribution. And if your employer matches a certain percentage of your contributions, that’s free money right off the bat. Best of all, you get tax breaks up front on your 401(k) contributions, saving you a ton of money."
You can read Leo's article, "7 Things You Can Do Today to Prepare for Retirement" at Zen Habits.
If you enjoy this blog consider SUBSCRIBING for FREE updates.
photo credit: obfusciatrist
Comments