The Perfect Retirement Plan?

With the Savings Plan, you’ve been given the reins to take control of your future financial life, so what exactly do you need to know? A good place to start is asking yourself these essential questions, also highlighted within the article we’ve provided below:

  1. What are the investment options within your plan?
  2. Are there costs or fees associated with the plan, and if so, what is the overall cost to you? (No 401(k) is free!)
  3. How much should you contribute to your Savings Plan and how should you allocate those funds in order to support yourself in retirement?
  4. Is there anybody to help guide you through these nuances?

Note that while the first paragraph within the article is more focused on stateside issues, the remainder of the article will help put you in prime position to create a successful retirement through the Savings Plan. Each person’s financial situation and goals vary; therefore, it is important to consult professional advisors who can act in Fiduciary capacity, and truly provide advice that is aimed at helping you define your retirement dreams.

This preview article is part of a 12 section Wealth Strategies series. To read the full detailed article, including examples, please click the button below:

Your Retirement Paycheck

Be sure to visit next month for another article in our Wealth Strategies series.