Steps in Preparing for Retirement

By Jana Castanon Media Relations/Community Outreach for Apprisen

No matter your age, retirement will be here before you know it.  However, according to a poll by the Employee Benefit Research Institute, only 13% of consumers felt very confident that they were prepared for retirement.  That’s a scary statistic. What about the rest of us?  Where are we going to be when that time comes?  But it doesn’t have to be that way.  It’s never too late to start saving for your future.  Here are few tips to get you on track in order to meet your retirement needs.

Retirement - Getting On Track At Any Age

Retirement - Getting On Track At Any Age
Written by James Lander 

Source: America Saves

With the average life expectancy 30 years longer today than it was 100 years ago, saving adequate funds to live comfortably through a long retirement has become more challenging.

The path to retirement is filled with unexpected detours, but with persistence, planning, and a pledge to help motivate you to save towards your goals; you can go a long way toward building financial security. It’s never too late to start saving towards retirement.

By setting some realistic goals, creating a plan, and establishing an automatic payroll allotment, you can build a nice little nest egg that can help you live a more comfortable retirement. Regardless of when you start, certain strategies can increase your odds that you'll achieve your retirement goal:

Plan For Your ‘Someday’ With These 3 Easy Ways To Save

Plan For Your ‘Someday’ With These 3 Easy Ways To Save

Written by Tammy Greynolds, America Saves

Working hard, paying bills, and putting money aside for your needs and wants in the “now” are so often automatic in our day-to-day lives – so why aren’t we thinking about or planning for the future? According to the 2015 Retirement Confidence Survey from the Employee Benefit Research Institute, nearly one-third of workers have almost no retirement savings or investments (< $1,000), and a staggering 57% are underprepared with less than $25,000 for retirement.

One and Done: What You Should Know About the IRA Rollover Rule Change

One and Done: What You Should Know About the IRA Rollover Rule Change

by Center for Personal Finance editors

The Internal Revenue Service (IRS) has changed its position on the IRA (individual retirement account) rollover rule. Starting in 2015, it's "one and done"—the IRS limits people to one rollover in a 12-month span, no matter how many IRA accounts they own. They still may make unlimited trustee-to-trustee IRA transfers.