Many people assume they can hold off saving for retirement and make up the difference later. But this can be a very costly mistake. The further off retirement is, the more time your investments have the potential to grow. Waiting too long can make it very difficult to catch up, and only a few years can make a big difference in how much you’ll accumulate.
Watch this video to learn how to build, calculate and implement a successful retirement plan. Matt Henry, Sikich Financial advisor, will cover:
- Questions you need to answer to begin planning
- How to estimate retirement expenses and income
- Tax-advantaged savings vehicles
- How to protect your plan against undue risk
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