It's never too early to start thinking about retirement! In your 20s and 30s, start putting money aside for your retirement now. Here are some tips to get you started: 1. Make a plan: Set a retirement goal and make a plan so you can reach it. 2. Start saving early: Time is money, so create a budget and find money to save for retirement. 3. Maximize your savings: Invest in a retirement account and take advantage of tax benefits. 4. Utilize employer plans: Take advantage of employer match programs and retirement plan savings options. Start planning for your future today and save for a secure retirement with these tips! 🤑#SavingsTips #RetirementSavings #SecureFuture For more information about "saving for life after work" check out https://ow.ly/EM8b50Rmcuh

How far away are you from retirement? If you're wondering if your retirement plan is still pointing you in the right direction, why not get an unbiased 2nd Opinion? Call us at (949) 868-1290 for a complimentary "Portfolio X-Ray," and we'll let you know if your current plan is on the right track to help you meet your retirement goals. #retirementplanning #2ndOpinion #AdvisorsOnCall

Is my retirement estimation too low? What expenses am I overlooking in my calculations? #RetirementPlanning #FinancialIndependence #EarlyRetirement Understanding Your Retirement Expenses When planning for retirement, it is crucial to account for all possible expenses to ensure a comfortable and stress-free retirement. While you may have diligently calculated your monthly expenses and estimated the amount needed to retire, there are some missing expenses that you may not have consid... Source: https://lnkd.in/gEVChqR8 #mymetric360

Are you nearing retirement and wondering how much money you’ll need to have saved up to cover your costs? Or maybe you’re just starting to think about retirement planning and want to get a head start on crunching the numbers. In either case, this guide will help you estimate your retirement expenses and come up with a plan that will ensure you have enough money to live comfortably throughout your golden years. So, whether you’re years away from retirement or just getting started, read on for tips on how to plan for your retirement expenditures. https://lnkd.in/gRaUYP8J

For 2024, the contribution caps for traditional IRAs and Roth IRAs have increased. You can now contribute up to $7,000, with an additional $1,000 for those over 50. Higher income ceilings for Roth IRA pay-ins also mean more flexibility in your retirement planning. Optimizing your retirement contributions not only secures your future but also offers significant tax benefits. Let’s ensure your retirement strategy is taking full advantage of these new limits. These increased limits provide a great opportunity to boost your retirement savings. Let's work together to make sure you're maximizing your contributions and reaping the full benefits. Contact us today to discuss how you can enhance your retirement plan. #RetirementPlanning #TaxBenefits #FinancialFreedom

Have you developed a retirement strategy? 🤔 Whether retirement is a distant dream or just around the corner, meticulous planning is key to ensuring financial security and peace of mind. Did you know that your pension fund essentially becomes your employer in retirement? That's why it's crucial to have a solid plan in place. Learn more about retirement planning and having a retirement strategy in our latest blog. Your future self will thank you for it! 👉🏼 https://lnkd.in/etQFNTtF #RetirementPlanning #FinancialSecurity #InvestmentStrategy

I often tell people, "It's not how much you have, it's how much you spend!" Understanding your outgoings is one of the most important things you can do for retirement planning. It's not a test to scrimp and save, it's about being realistic in our assumptions for your retirement. Invest the time and get to know where your money goes before meeting with a financial planner. If you are ready for a retirement plan, reach out to me at: kelly@iconicwealth.net.au 0407 660 534 www.iconicwealth.net.au #retirementplanning #financialplanning #financialadvice

Aren’t you tired of feeling uncertain about your retirement? Planning for retirement can be daunting, but it doesn't have to be. Start by understanding your retirement accounts and adopting smart savings strategies. Let's secure your future together. Visit our website for more information. 💼 #RetirementPlanning #FinancialSecurity #larrywilliamsfp #larrywilliamsplanning #larryawilliams #larrywilliamsfinancialplanning #financialplanning

Welcome back to our Mid-Year Check Up Series with Retirement!⭐ Consistently contributing to a retirement plan is a vital component in reaching your financial goals for retirement. Many employers offer retirement plans in which you can defer a percentage of your wages each pay period. Your employer may also provide matching contributions. If you’ve received or expect to receive an increase in salary or a bonus this year, it’s a good time to increase the amount of your contribution. It’s far more painless to do it before the increase gets absorbed with normal lifestyle expenditures. If your employer does not offer a retirement plan, you can open a traditional IRA or Roth IRA retirement account through your Flatwater wealth advisor. We would be happy to talk with you regarding your unique situation. You can set aside a minimal amount each month or as much as allowed under the IRS limits for 2024: $7,000 for those under age 50 and $8,000 for those over age 50. Call us today! #FlatwaterWealth #RetirementPlanning #MidYearCheckUp #RetirementSavings #WealthManagement #Investing #FinancialFreedom #FinancialSecurity

Planning for retirement? Here are 3 must-know facts: 1️⃣ Retirement can last longer than expected – make sure your savings can keep up! 2️⃣ Did you know? Medicare won't cover assisted living costs, so it's crucial to have a plan in place. 3️⃣ Surprisingly, most folks don't have a solid retirement plan. Let's change that! Contact us to start securing your future today. #RetirementFacts #PlanAhead