226 National Financial Literacy Month - Day 19 - Retirement & You

The Basics of Retirement: Contact a financial advisor, speak with the human resource representative, and work with an investment firm, CPA, and or attorney that specializes in retirement and investing. The items covered below entail parts of retirement instruments, however, there are more.

1. You can never start too young, the sooner you start planning for retirement the better.
2. Do not allow the terms associated with retirement to confuse you.
3. Know that social security as we know it today will not be the same in the future, unless changes are made it might not exist.
4. Consider a 401K plan.
5. Consider an IRA.
6. Simplicity is the key to investing, do your homework and self-study to learn as much as you can about investing.
7. The younger you are as an investor, the more aggressive you can be.
8. If you don't understand investment issues, ask for help, contact the professionals

Through it all, the key is to invest for your retirement, ask a professional and if your financial advisor doesn't help you, get a new one. What is most important is that you control your retirement destiny, not your financial advisor. 

Learn about Paul Lawrence Vann's digital Financial Fitness course, it is being offered at a 50% discount throughout the month of April, National Financial Literacy Month, here is the link:  https://bit.ly/3dbperG