Thanks for voting!Does today’s market volatility cause short-term anxiety about your long-term investments? Give your worries a financial chill pill. Easier said than done? If you’re like most of us, the road to retirement is still a long one. Instead of worrying about the financial bumps in the road, focus on how you’ll get there. So just a few things. Know what you’ll need to get the lifestyle you want when it’s time to retire. Start saving today if you haven’t already. Then put your investment plan on cruise-control by automating it. Make sure you’re making every dollar count by contributing to your company’s 401(k), too (at least up to the amount they’ll match) or maximizing your allowable IRA contributions. Need some more ideas? Check out Free from Broke’s ways for keeping 401(k) financial anxiety out of sight and out of mind.
Tags: 401(k), Long-Term, Retire, Retirement
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I like to think of it more like cruise control with some yearly maintenance and inspections. Most don’t want to think too much about their 401(k)’s but they should check it out once in a while to make sure it’s allocated as they intend and diversified.