But
what type of retirement plan is the right fit for your business?
Not exact matches
If I'm looking at my 401 (k)
plan and I'm saying, all right, well,
what type of bond should I buy, because I'm getting closer to
retirement?
Everyone dreams
of the day they can finally kick up their shoes and relieve themselves
of their occupational responsibilities, but before you can start living the rest
of your life doing
what you feel most comfortable with, there are certain factors to consider to choosing the right
type of retirement plan for yourself.
If, whether for financial or emotional reasons, you decide an annuity does deserve a place in your
retirement income
plan, you can turn your attention to
what type of annuity makes the most sense.
Both your current and new financial adviser will have insight on
what needs to happen with these, depending on whether they are provincially or federally regulated pension
plans, or some other
type of retirement fund.
Contact your employer to find out
what type of plan is offered and how you can take advantage
of this
retirement funding vehicle.
If you are fortunate enough (as many are) to have more than one
type of retirement plan available to you, in
what order should you contribute to the accounts?
Talk with your financial advisor and with those who may bequeath a
retirement legacy to you — such as parents or grandparents — to see
what type of tax
planning they've put in place.