Take Responsibility and Assure a Comfortable Retirement with a Good Money Plan

You don’t need to be nearing your retirement to be concerned about it. In fact, it’s better to start thinking about and planning for retirement as early as possible. The earlier you can begin putting money away, the greater sum it will all amount to when it comes time to leave the work force.

Consider the Roth IRA account: each year you can contribute up to $4,000 of what you earned in income that year, and although it is an account intended for retirement, you can take money out at any time – and get this – it’s not taxed. Unbelievable, right? You can put anywhere between $0 and $4,000 in this account each year for your entire life, and it continues to yield a high return, and then when you go to use it, you won’t be taxed. As a wise man once told me, “it’s the magic of money.” And it is! The only qualifier is that, just like any other savings plan, you have to actually put this money away to see any return in the future. But, again, like any other savings plan, it is entirely worth it, and the younger you are when you begin, the more growth you will have a chance to see over your lifetime.

Contact your Financial Advisor and tell him or her that you want to start investing in your retirement!