Having a company 401k is a beautiful thing. A company match is the biggest way to get a free return on your retirement savings. But don’t let a company sponsored retirement plan be the end all be all to your future savings. When it comes to your financial future, I’m a big believer in having multiple sources. IRA’s, taxable brokerage accounts, real estate. There are many ways you can put your money to work.
Working at a company for 40 years and having a retirement plan coupled with social security might lead to a decent retirement future. Decent is not what I’m seeking and neither should you. You need your company retirement savings plan, but you also need an IRA, and other investments to fund an excellent life during your golden years.
The following article presents additional ways to save for those future years. It is possible to save too little, but you can never save too much. Check out ways to expand your retirement portfolio and ensure you make the choices now for a great financial future.
Budget Smart, Invest Wise