Are you saving enough for retirement? It’s easy to underestimate your retirement expenses, since you can’t know everything the future will bring. But there are ways to more accurately gauge your financial needs, especially if you’re just a few years from retirement.
- Healthcare is big
- Location, Location
- Surprises Happen
- Keep On Keeping On
See this month’s issue of Let’s Talk Money, these tips may give you a better retirement outlook.
• Four Retirement Saving Truths
With so much information floating around about retirement, it can be hard to separate fact from fiction. No matter where you are on your journey toward what you hope is a financially stable retirement, consider these four truths:
• Prepare for Almost Anything
Even the most prepared people can’t predict when an expensive surprise will come their way or how much it will cost. You can, however, prepare financially for the unexpected by creating an emergency fund to help meet surprise expenses.
• Have Travel, Save Money
Summer is traditionally when we find time to kick back, take a vacation and enjoy the weather. This season can also take a bite out of your budget. Here are a few tips to help you not break the bank this summer.
• Weigh Your IRA Options
Choosing the type of IRA you want can be a daunting task. While both have tax advantages of one type or another, traditional and Roth IRAs are generally polar opposites. Here’s a look at both types of IRAs and what they can do for your retirement savings efforts in 2018.
• Q&A Let’s Talk Retirement
All this and more in this issue of Let’s Talk Money…