Most of the time it makes sense to maximize the contributions to your retirement accounts like 401(k)s or individual retirement accounts. In the broad sense, this is good advice and good practice. Not only does it allow you to save for retirement but it may also reduce your taxes.
Career changes are busy times with many things to consider. With so much changing in your life, thinking about your retirement plan may not take top priority. But as you switch jobs there are several things to consider to ensure you are still saving for your retirement. It’s the perfect time to re-evaluate your retirement plan and look at possibly adjusting the way you save.
If you’re in the middle of switching jobs, take some time to ask yourself these questions:
Thinking about an exotic paradise for your retirement? Retiring in a foreign country can be fun, exciting and the perfect way to spend your golden years. But before you start packing your bags, there are a few things you should consider.
Carstens Financial Group focuses on providing comprehensive asset management, estate planning and life insurance solutions. Allow us to help you secure your financial future.