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National Save for Retirement Week |
Plan for retirement – This week and every week Keith Lyle - The Post-Searchlight Given these factors, it's clear that you must be proactive in building resources to achieve the retirement lifestyle you've envisioned. So consider taking the following steps: • Contribute to your 401(k) or other employer-sponsored plan. If possible, try to put as much as you can afford into your 401(k) or other tax-advantaged, employer-sponsored plan, such as a 403(b) or 457(b). It's a good idea to spread your 401(k) dollars among the available investments in a way that reflects your risk tolerance and time horizon. And as your income increases, try to increase your 401(k) contributions. Due to the prolonged economic slump, some employers have cut back or eliminated their 401(k) matching contributions, but if one is offered, put in enough to earn it. Read the entire article here
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