Chapter 17: Retirement Planning



Chapter 17: Good Money Habits in Retirement Planning

Make the following your money habits in retirement planning:

1. Save early and often by beginning early in life to invest in mutual funds through tax-sheltered retirement accounts and continuing to invest every year.

2. Take enough risk to increase the likelihood that you will have enough money in retirement.

3. Save within an employer-sponsored retirement plan at least the amount required to obtain the full matching contribution from your employer.

4. Diversify your investments and limit company stock to no more than 10 percent of your portfolio.

5. Contribute to Roth IRA and traditional IRA accounts to supplement your employer-sponsored plans.

6. Keep your hands off your retirement money. Do not borrow it. Do not withdraw it. When changing employers, roll over the funds into the new employer’s plan or a rollover IRA.

7. Keep your hands off your retirement money. Do not borrow it. Do not withdraw it. When changing employers, roll over the funds into the new employer’s plan or a rollover-IRA.

................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download

To fulfill the demand for quickly locating and searching documents.

It is intelligent file search solution for home and business.

Literature Lottery

Related searches