| Saving money for retirement can be easy or | | | | Depending on how many years you have until |
| difficultdepending on your current salary. If you are like | | | | retirement a U.S. |
| 75percent of the American population, earning just | | | | Treasury bond that guarantees six percent interest |
| enoughmoney in your current job to meet your | | | | might beconsidered, while stocks might have the |
| monthly bills, thenit's time to do some serious thinking on | | | | potential for amuch higher return, but has a much |
| how you are goingto live when you retire. | | | | higher risk of loss. |
| Social Security isn't going to meet all your | | | | A financial planner, stockbroker, or an accountant, |
| monthlypayments. That is, if Social Security, or some | | | | canoffer guidance, expertise and access to |
| revised formof it, still exists when your day of | | | | knowledge aboutalmost any type of investment or |
| retirement arrives. | | | | retirement planningconcerns. |
| Here are some tips on how to save today for your | | | | Spread your money out over a variety of investments. |
| future. Nomatter how little, or how much, you earn | | | | Somewill prosper while others may fail. |
| today. | | | | Set up an automatic draft from your bank account |
| Estimate how much you must save to give you the | | | | from yourpaycheck so that a portion of your income |
| income youknow is necessary for you to retire in | | | | goes directly intoyour retirement funds. |
| comfort. | | | | Pay off major debts, such as home mortgages, |
| Experts suggest that you will need an income equaling | | | | college loansand other significant cash-flow drains, as |
| about | | | | quickly as youcan. |
| 75 percent of your current take home pay. Be sure | | | | For more information visit: |
| toestimate a rise in inflation which has historically | | | | REQUIREMENTS FOR REPRINT: You have |
| beenabout 5.3 percent per year. | | | | permission to publishthis article free of charge in your |
| Figure out how much of your current salary will need | | | | e-zine, newsletter,ebook, print publication or on your |
| have tosave each year to achieve your retirement | | | | website ONLY if itremains unchanged and you include |
| goal by countingbackward from the year you plan to | | | | the copyright and authorinformation (Resource Box) at |
| retire to see how manyyears you have before | | | | the end. You may not usethis article in any unsolicited |
| retirement. Include the possibilityof being on a fixed | | | | commercial email (spam). |
| income for as long as 20 or 30 years. | | | | |