1. 5082 POINTS
    J Paul Wilson CFP, CHFC
    Certified Financial Planner, JPW Insurance Retirement Investments, Halifax, Nova Scotia, Canada
    One way to maximize retirement savings is to take advantage of all tax deferred savings plans you are eligible for. Be sure and take advantage of any employer sponsored plans where the company is putting in on your behalf.

    Putting aside a fixed percentage of your earning on a regular basis allows the power of compound interest to work for you.

    If you would like to work with a local Retirement Planner, you could start with a Google search. For example, if you search for: retirement planner Halifax or retirement planning Halifax, my name, along with several others, will come up. You can use the same method to find Retirement Planners in your community.

    If you have further questions, or feel that I could be of assistance, please do not hesitate to contact me.
    Answered on June 12, 2014
  2. 37376 POINTS
    David G. Pipes, CLU®, RICP®
    Business Development Officer, T.D. McNeil Insurance Services, Fresno, California
    The answer is obvious, increase contributions.  Much is made about return but the stark truth is that if you don’t transfer capital into your retirement plan you will be grasping at the thin reed of “return” and that will rarely be sufficient.  Today, adopt what you suspect will be your retirement life style and save everything else in a retirement plan of some sort, somewhere.  There are people who will help you with the how but it starts with the resolve to just do it.
    Answered on June 12, 2014
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