Being financially secure in retirement just doesn’t happen magically It takes lots of planning time and savings

Some scary facts about retirement

?More than 50% of persons do not have enough finances for retirement

?25%do not participate in their company’s retirement plan

?The average person spends 20 years in retirement

Here are some tips to help you plan correctly

1. Talk to a financial professional. Every few years it’s a good idea to schedule a meeting with a financial planner to get a “check-up”. It’s just like a doctor’s visit and you should really talk about your present situation and future goals

2. Save and keep on saving. Make it a habit to save as much as you can

3. Learn your retirement needs. Retirement can be expensive. Learn from today how much you need to save for your retirement. Talk to a financial planner or find an online retirement calculator

4. Take part in your employer’s retirement plans. If your company offers one it is usually the best tool you can use. Talk to a financial professional for all your options

5. Learn about pension. If you have an employer or government pension plan learn all the details

6. Keep your retirement savings off-limits. Don’t make a withdrawal until you retire. You might incur penalties and it will be a setback for realizing your goals

According to the passage, retirement plans may be offered by____