I Want To Catch Up on My Retirement Planning What Should I Do?
Good question and even better, youre thinking in the right direction about your future which is someday retiring. If youre one of those people who havent saved any or very much money for your retirement, its never too late for you to start now! Its important that you do start and soon. It doesnt take long for age to slip up on you fast if you know what I mean! So, just get started on your retirement planning now while youre thinking about it. You may want to consider some of these tips and information to get you started:
1) If the employer you are working for offers a 401K plan wherein you contribute a percentage of your earnings towards retirement, consider signing up for this plan! In most instances, the employer may match a percentage of the contributions you make to your 401K account. Your contributions can be made on a pre-tax basis which will help your money grow faster in your account.
2) You may want to consider taking a second job to add more income for your retirement. This will assist you in increasing the amount of money for your retirement fund. If youre able to fit a second...