Let’s face it, one of the single biggest stressors we face is watching the balances on our retirement accounts. A few dollars up, a few dollars down each week (or each day) and each of these collectively tiny swings feels like it’s taking years off our lives.
So what can you do if your retirement has taken a hit this year? First of all, take a deep breath. Retirement savings is a long trek, not a short one, so it is CRITICAL you keep that in mind.
At the same time, here are some other things to remember…
If you’re over 50, remember, you can make “Catch-up” contributions of up to $6,500 more than your younger coworkers. IRAs have a similar benefit, but of course, the maximum contribution for the entire year is only $6,000 and the catch-up is limited to $1,000.
In all these points, one key is to secure the right counsel and clearly understand your wants. That’s where my team and I can come in. With a Rolodex filled with experts, I know we can get you on the path you want.
But we can’t do it until YOU ask us. Quit worrying, call, and schedule a time to discuss how retirement can be everything you ever wanted!