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So if you are reading this then you may understand the importance of planning for your retirement or you may want to.  Did you know that Americans spend roughly 20 or more years in retirement?  On average, the total cost for a couple over 65 to pay for medical treatment over a 20 year span is $215,000.  We know that this can be a stressful time in your life because unfortunately, financial security in retirement does not just magically appear, it takes planning, commitment, and of course, money.  So we’ve offered some tips on ways to prepare you for your retirement.  Enjoy.

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1. Start Saving, and Stick to it.

If you have already started saving, wonderful!  If not, start now.  Start small and try to increase that amount monthly as your financial situation improves.  Just think of it this way, the sooner your start saving, the more time your money is allotted to grow.  Set small goals and big goals to make sure you stay on track.

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2.  Set Realistic Goals

Plans File As Contains Targets And Goals

 

3.  Learn About your Employer’s Pension Plan

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4.  Match Your Company’s Contribution to your retirement savings plan.

 

 

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5.  Put your money into an IRA to give your nest egg a tax-advantage boost

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