Here are some basic tips to keep in mind when considering your retirement.
- Start investing early, and reinvesting what you earn when the opportunity arises. You’ll be pleasantly surprised at how much you earn in interest over a period of time.
- Be disciplined when it comes to contributing to your 401(k). A good idea is to have a set percentage automatically taken out of each paycheck.
- Have an emergency or “rainy day” fund outside of your retirement account. Most experts say you should have six months of living expenses in a savings account.