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It’s never too early to begin planning for retirement

Planning for retirement takes decades.  As Kailey Fralick reports here, everyone regardless of age should take these three steps.  First is creating a retirement plan, which includes estimating both life expectancy and living expenses.  Fralick details how to do this with estimating Social Security income.  Second, contribute the maximum to a 401K or IRA.  The third is often overlooked but includes familiarizing yourself with your retirement account fees.  Read the full piece here.

The AMAC Foundation offers a free-to-the-public advisory service to all folks ageing into–or already in–Social Security. This service provides guidance in understanding the complexities of Social Security and the myriad rules and regulations associated with the process for claiming benefits, with NSSA-Certified Social Security Advisors available via email or telephone to discuss options. Learn more about this service via the Foundation’s website.

 

 

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