Your savings plan for retirement varies dramatically depending on your age and how much you previously saved. Not to worry, financial experts Joe Anderson and Alan Clopine help make sure you are on track to retire if you are in your 20’s, 30’s, 40’s or 50’s.

retirement planning Across Your Lifespan:

– By the Numbers (How Much You Should be Saving)
– Time-Tested Strategies
– Retirement Goal Pitfalls

Important Points:

1:15 – A majority of Americans feel confident that they will feel financially secure once they reach retirement, but nearly the same number are worried about how they are going to get there…

2:27 – retirement planning in your 20’s, 30’s, 40’s & 50’s

4:08 – retirement planning in your 20’s: The Numbers

5:19 – retirement planning in your 20’s: Strategies

11:16 – retirement planning in your 30’s: The Numbers

12:52 – retirement planning in your 30’s: Strategies

17:00 – Saving in your 40’s

20:42 – Saving in your 50’s

21:57 – Email Question: I’m in my late 20’s with more than $30,000 in school loans (about 5% interest rate). Should I pay off my school loans first or start saving for retirement?

23:12 – Email Question: My wife and I are about to have our first child. Can my wife still put money in a retirement account even if she takes a year off from work?

Broadcast Date: May 7, 2017

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IMPORTANT DISCLOSURES:
• Investment Advisory and Financial Planning Services are offered through Pure Financial Advisors, Inc. A Registered Investment Advisor.
• Pure Financial Advisors Inc. does not offer tax or legal advice. Consult with a tax advisor or attorney regarding specific situations.
• Opinions expressed are subject to change without notice and are not intended as investment advice or to predict future performance.
• Investing involves risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values.
• All information is believed to be from reliable sources; however, we make no representation as to its completeness or accuracy.
• Intended for educational purposes only and are not intended as individualized advice or a guarantee that you will achieve a desired result. Before implementing any strategies discussed you should consult your tax and financial advisors. #YourMoneyYourWealth #YMYW #YourMoneyYourWealthTV…(read more)

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