Contemplating retirement is often met with the question, “How much money will I need to retire?”
Is there such thing as going overboard with stashing away money? Probably not, but many may rely a little too heavily on concentrating funds into their 401Ks.
Click to read this helpful article by Time Inc’s Money magazine that reviews a few simple strategies for maximizing your retirement savings by learning how “to strike the right balance between safety and growth.”
- Safeguard your income
- Budget for unknowns
- Gradually shift out of stocks/portfolios
By focusing on your actual retirement needs versus the current market conditions, you’ll discover a better approach to getting you the biggest bang for your retirement buck.
Strategies provided by Money magazine