Balancing Safety & Growth When Saving for Retirement

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