Sentences with phrase «lot saved up for retirement»

Not exact matches

While setting up 401 (k) accounts for your company might not be feasible, there are lots of great options to save for retirement in a tax advantaged account when you are self - employed.

Jon and his wife want to retire early and live up to age 95, which means they need to save a lot of money for a long retirement.

There are lots of refinements that can be made to come up with a better estimate of how much you should save for retirement, but this simplified approach should highlight the most important message for retirement savings: you must start early and save a significant percentage of your employment income to have a reasonable probability of having enough retirement income to live comfortably for up to 30 years in retirement.

That's a lot of money you could use to build up your retirement fund or save for your kids» college.

Catch - up contributions are a good option for those who perhaps did not contribute a lot to their plans in the past, for those who waited until later in life to start saving for retirement, and for those who just want to ensure a comfortable retirement.

«If a real estate professional has not done a lot of savings in their 20s, 30s, or 40s,» he says, «then in their 50s, that's when people wake up to fact they need to be saving aggressively for retirement.