Retirement Tips
All tips tagged retirement ✕
When you get a pay increase use it to increase your retirement contributions or emergency savings. So if you get an extra $50 per paycheck, then start putting $50 more into savings.
Always invest in your company's 401k plan. If they match up to a certain amount, that it is like a raise or free money that is also tax free. The future you will thank you.
You can have a Roth IRA contribution counted for the previous year up to the date that you submit your taxes.
When retired, revisit activities you enjoyed in your youth. Audition for the community theatre, join a community center athletic team, or take an art class at the community college.
Review your 401k investment returns at least once a year. Look at how well they are performing against common benchmarks like the Dow or NASDAQ and decide if you should make some adjustments.
When receiving a raise or bonus at work, have at least half of the amount go into retirement savings.
