Not exact matches
«First of all, I hope that
retirement point is quite a few
years down the
road.
This 70 % refers to
retirement savings, so we are talking about monies that will not be touched for a minimum of 10
years down the
road.
Time to sock away the maximum you can into your 401 (k) and Roth IRAs (no tax benefit up front but can help out
years down the
road during
retirement).
And,
years down the
road, it is possible that your Social Security
retirement benefits could even be affected.
In the introduction, we looked at an example showing a typical college graduate faced with the decision to start saving for
retirement now or put it off for a few
years down the
road.
Let's say you are a young person saving for
retirement 40
years down the
road.
That cash value can come in handy if you hit financial trouble
down the
road, need money to put your child through college or need extra money during your
retirement years.
This can occur
years down the
road, at a time when your income may have been lowered due to
retirement, job loss, or other reasons.
Some people would benefit more from immediate liquidity (cash), whereas others may do better long - term with
retirement funds waiting for them several
years down the
road.