Review- Investing
Anybody can adequately save for retirement, as long as they
do their research and/ or receive help.
The best time to start your retirement plans is at the
earliest age that you are able to do so.
The retirement plan that has the employer match the
contributions that the employee puts into it is a 401K
IRAs allow for money to grow tax free.
Something to consider when looking at an employer is the
retirement benefits.
You need to have other forms of savings for retirement other
than Social Security.
When investing, you invest aggressively when you are young,
balanced when you are older, and conservatively when you are older.
The two types of IRAs are Traditional and Roth.
A type of investment that is more diversified that buying a
single stock is a mutual fund.
The experts say that 20%- 30% of your income should be put towards
retirement and savings.
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