Retiring in 2025? 3 Important Moves to Make Now
Retirement is the largest financial goal most people will ever have. We tend to focus on the dollar amount you need to cover your costs, but there's more to it than that. You need a strategy for balancing your immediate financial needs with your long-term goals. You have to decide which accounts are best for your savings and which investments can help your money grow quickly without exposing you to too much risk. Then, you have to make adjustments over time to keep yourself on track.If you plan to retire in 2025, those years of preparation are coming to an end. However, reviewing your plan one last time is crucial to helping your savings last as long as possible. Here are three important things to do before heading off to your retirement party.Image source: Getty Images.Continue reading
Retirement is the largest financial goal most people will ever have. We tend to focus on the dollar amount you need to cover your costs, but there's more to it than that. You need a strategy for balancing your immediate financial needs with your long-term goals. You have to decide which accounts are best for your savings and which investments can help your money grow quickly without exposing you to too much risk. Then, you have to make adjustments over time to keep yourself on track.
If you plan to retire in 2025, those years of preparation are coming to an end. However, reviewing your plan one last time is crucial to helping your savings last as long as possible. Here are three important things to do before heading off to your retirement party.