Dos
- Start as early as possible
- Opt in to your’ company’s 401(k) and contribute the maximum amount your employer matches, if you can
- Diversify your investments
- Set realistic goals
- Roll all of your retirement accounts into one investment company
Don’ts
- Choose only low-risk investments when you’re starting out
- Teach yourself about stocks and try to manage your retirement money without a financial advisor
- Withdraw money from your retirement accounts
- Forget to account for inflation when you are setting goals
- Accumulate large debts to pay off during retirement
- Neglect your investments. Rebalance them often
- Rely on Social Security alone
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