Employee Benefit News
A retirement plan helps us prepare for our future, but it can be hard to think that far in advance. Many estimate that a nest egg of about $1 million is enough to retire comfortably, but with experts saying that couples need roughly $315,000 in healthcare expenses alone, this number may need to go up. However, if you start early enough and plan accordingly, retirement can still be in reach. It is important to put your money to work. Many think that a savings account will be enough to get them to where they need to be, but that may not be the case. 401(k)'s and other investments can help get you to the estimated $1 million goal, but how do you get started? Your employer is a great place to start. From there you can learn about what is included with your company benefits versus what you may need to look for outside of organizational offerings. Remember, it's never too early to start planning and saving for your future.
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