USA
Today recently posted an article regarding a study that shows 37% of people
do not expect to ever retire. These findings come from a survey done by Wells
Fargo. Survey respondents said that “paying monthly bills is their highest
priority, and saving for retirement is a distant second”. On a good note, half
of the survey respondents reported that they will have enough money to retire,
which relays the importance of developing a retirement account as early as
possible. But experts say it is never too late to start saving for retirement.
To get a jumpstart on planning for retirement, open a savings account
immediately and start depositing funds routinely. Try to cut your current
expenses and utilize as many tax efficient retirement plans as possible (401k,
Roth IRA’s, Traditional IRA’s). When it comes to planning for retirement,
earlier is better, but it is never too late. If you have questions about
planning for retirement, contact us!
518 Arbor Hill Rd.
Kernersville, NC 27284
Ph: 336-996-3338
