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How To Have Enough Money For Retirement » shawnandkellyhodgson.com

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Nov 26

How To Have Enough Money For Retirement

img nov 26Do You Have Enough For Retirement?

Studies have shown that the average American is not properly prepared for retirement.  Those who are interested in setting up a retirement plan should be aware that financial security takes planning, commitment and money.

You can probably expect to spend 20 years in retirement.  This means that you should start saving early so when, once retired, your quality of life will not be compromised. If you haven’t started yet, it’s never too late. When it comes to savings, it is never too early or too late to start saving money.

The key to saving for retirement is having a plan and sticking to it.  Some people find that having clear cut goals helps them.  For example, have a dollar amount in mind of how much you want to save each year and do everything you can to reach that goal on an annual basis.

If your employer offers a retirement plan such as a 401(k), take advantage of it, especially if they have matching contributions.  These plans also have great tax benefits.

Unfortunately, except for the lucky few, the days of a guaranteed pension are gone. Add to that the fact that our life expectancy continues to increase so even those who did plan well for retirement find that they don’t have enough money to last.

How Can I Increase My Retirement Income?Seniors Are Supplementing Their Income With Their Own Online Business

Many baby boomers have found another option that helps them generate an income before and during retirement. They’ve become online entrepreneurs! Don’t be mistaken by thinking that you need to be a techie genius to start your own work from home business. Nothing could be further from the truth.

Many people in their 40’s, 50’s and 60’s, who are new to the internet have easily learned the skills to start their own part time business working from home online. Yes, they needed a little training but, for the most part, they were pleasantly surprised how quick and easy it was to learn the necessary skills needed to succeed.

We’ve helped dozens of people successfully supplement their income by helping them become online entrepreneurs.  If you’d like to learn how you can start your own home based business, please contact us at http://ShawnAndKellyHodgson.com

1 comment

  1. Dustin Abraham

    I think that most people don’t have a plan for their retirement. They don’t think about the future!

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