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Make Your Retirement Goals. Retirement planning begins with setting your retirement goals. But only about 52% of people have taken the time to calculate how much they need to retire comfortable, ...
Step 3: Choosing a Retirement Plan. Understanding your different retirement plan options is an important way to leverage your savings, make smart decisions about taxes, and hopefully come out ahead.
Think About Your Retirement Goals When it’s less than 10 years until you exit the workforce, it’s critical to start planning, not just dreaming. So, take the time to think about how you ...
If you’re covered by a retirement account at work, traditional IRA deductions are phased out for married couples if your modified adjusted gross income (MAGI) is between $123,000 and $143,000.
Set realistic investing goals and don’t underestimate the potential costs you’ll face in retirement, especially health care. Contribute to your workplace retirement account
5. Open an IRA. An individual retirement account (IRA) can also be a great way to boost your retirement savings. IRAs come with many more investment options than the limited choices in a 401(k) plan.
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