Popular Categories

software (9409)
internet (9249)
business (8210)
online (6824)
health (6764)
free (5978)
home (5803)
news (5665)
tools (5066)
web (4912)
web2.0 (4201)
game (4149)
& (3840)
shopping (3790)
social (3616)
games (3516)
golf (3448)
default (3376)
blog (3205)
search (3120)
design (3102)
arizona (3094)
music (2910)
lasvegas (2880)
mortgage (2856)
myrtlebeach (2855)
golfswing (2852)
golfclubs (2851)
desktop (2843)
credit (2819)
windows (2726)
download (2700)
mp3 (2606)
file (2502)
management (2450)
screen (2440)
bookmarks (2394)
video (2374)
security (2321)
money (2251)
loans (2243)
loan (2223)
screensaver (2159)
utilities (2150)
email (2118)
education (2104)
image (1968)
debt (1942)
finance (1915)
to (1907)

Planning Your Retirement: The 5 Steps That Make All the Difference

by Suzanne C Evans

posted in Finance

Syndicate This Article
Code: 9JmT47H4E4. Extra 5% OFF for All Apple & Samsung Toys & Hobbies Electronics Sports & Outdoor Wearable Technology Home & Office Car Accessories from China/HK Warehouse + Wolrdwide Free shipping @TinyDeal! Expires:10/20/2017
Agoda es una de las principales plataformas de reservas hoteleras del mundo, que ofrece más de 500.000 establecimientos en todo el mundo a través de su web, disponible en 37 idiomas. Destaca su presencia en Asia en ciudades como en Singapur, Bangkok, Kuala Lumpur, Tokyo, Sydney, o Hong Kong, igual q
Considering that an average American spends about two decades as a retired person, the task of planning retirement seems no less than crucial.
These are the steps that will help you plan your retirement sensibly:
Step 1: Prepare a budget
In order to estimate how much you will be spending every month after you retire, it is important that you know how much you spend every month now. And, the only way you can do that is by keeping track of your expenses, or in other words, by following a budget. While it is not possible to spend a whole life depending strictly on a budget, having a budget can help you tremendously by giving you an idea about approximately how much you spend on recurring expenses in a month.
Step 2: Calculate your net worth
Have you found out your net worth lately? If you have not, it is time that you do. When calculating your net worth, make sure that you put your negative assets in your equation. That means taking into consideration any mortgage or debt that you may have.
Step 3: Pay off your debts
Before you retire, you must make it a point to pay off all your debts. Doing that may not be possible in every case, but that does not mean that you should not try! After all, it is not a smart strategy to reach your retirement age with loads of debts on your shoulders.
Step 4: Participate in a retirement plan
Even though participating in a retirement plan, like the 401(k), is something that everyone should do, surprisingly many people avoid doing it! If you want to retire well and good, it is vital that you participate in a retirement plan. In the long run, a good retirement plan will help you a lot financially by giving you compound interest.
Step 5: Start saving
Whether you are 40 years old or 50, it is never too late to begin saving! You do not have to keep half of your income aside. Just remember to save a little bit of your salary every month. Also, keep in mind that it is much easier to save money in the beginning of a month than it is at the end of the month.
While the above steps are not the only ones associated with planning your retirement, they are the most basic and fundamental ones.
About the Author: Why spend any more weeks trying to figure out all of the steps it takes to start planning your retirement effectively when you can now get the guide that will show you exactly how to take action? Go to and get started NOW
Acessórios com descontos. Venham aproveitar!
Для вебмастера AliExpress предоставляет уникальную партнерскую программу - продавайте дешевые востребованные товары и получайте вознаграждение в размере ХХ! Команда AliExpress стремится к максимально эффективному сотрудничеству, они всегда открыты для предложений!Подключайтесь к партнерской программ
Coupon code is not required. Promotion limited on time.

Newest Articles in Finance

Other articles by Suzanne C Evans