retirement

Start Saving for Retirement Today, Not Tomorrow!

Retirement is a financial number. It's all about saving enough to live the retirement you want. The earlier you start, the quicker you'll get there. Start saving now!

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   1) Start with a firm financial foundation.

   Dave recommends that you begin investing for retirement after you've done two things: paid off all debt but the house and saved up three to six months of expenses.

2. 

   2) Determine how much you need to save for retirement.

   Retirement isn't an age. It's a financial number. It's the amount of money you'll need to enjoy the kind of retirement you want. Plan how much you need to save for retirement by determining your Retire Inspired Quotient (R:IQ).

3. 

   3) Follow a simple investing plan.

   Invest 15% of your gross income into pretax retirement accounts and Roth IRA. Put your retirement money in mutual funds with a great track record. Read more about specific funds here.

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   4) Treat retirement investments as a marathon, not a sprint.

   The longer you keep your retirement money invested, the more it can grow with the magic of compound interest. When you're choosing retirement funds, it's a great idea to work with an investing expert endorsed by Dave. Find a SmartVestor Pro in your area!