Retirement Planningby Siam Luu
When planning for retirement, figure out where your money is going to come from after you are retired. If you are getting close to retirement, you should be able to expect some money from social security and it would be a good idea to check out the site to estimate how much you should expect to receive. Add this to any employer pension plans or benefits that you qualify for, though pensions are increasingly becoming a thing of the past. When you combine these factors together, you may find that it may be not enough to sustain your lifestyle in retirement. Therefore, it would be a good idea to take advantage of employer's plans like the 401k or 403b or other similar types of plans. If your employer matches contributions, you should take them up on it because it is more or less free money for retirement that you are getting.