As you begin to think about planning for your retirement, you’ll need to choose a retirement vehicle that is right for you. Since there are pros and cons to every savings plan, our chart provides an analysis of 401k vs Roth IRA.
Last week, we discussed the difficult fiscal years we’ve seen recently, and how they’ve impacted financial planning across America. As the economy has struggled, many people have had to restructure their retirement plans to account for lost funds. In addition to the 5 tips for retirement planning that we gave you, here are 5 more money saving strategies for retirement planning!
The unstable economy of the past five years has certainly done a number on many Americans’ financial planning situations. People who’ve invested in their retirement plans are in a much different fiscal position than when they started their planning, and as such many will need to make adjustments to their saving strategies. If you’re concerned that recent hiccups in your finances have put your golden years in jeopardy, settle down—you can still retire before you’re 80. Here are 5 tips for retirement planning: