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Do you wait until April 15th each year to contribute to a traditional or Roth IRA? If so, maybe it's time you look closely at this strategy.
Ideally, saving for retirement should start the day you start earning a salary. An automatic deduction from your paycheck or directly from your bank account to a retirement savings account is the easiest approach.
Unfortunately, excuses abound as to why this is impossible to do.
'I just graduated with a pile of student loans and retirement is years away saving for retirement is last on my list.'
'We just got married, have a mortgage and a new baby.'
'I've got kids in college and there's no money left for savings.'
Sound familiar?
A retirement savings plan
Have you ever dedicated just one hour to learn about retirement savings principles? If not, it's time. There's a lot of information to help you start saving for retirement. The first step is to put your plan to paper. What are your goals - short and long term? What's your income, your expenses? By understanding these, it's easier to put a retirement plan in place. Develop the blueprint and then stick to it.
The DesireToRetire.com advantage
Let DesireToRetire.com help you start saving for retirement. How much should you save each month? Will government programs support you in retirement? These are some of the questions Desiretoretire.com can help you figure out so you can factor the answers into your retirement plan.
We have the internet's best retirement calculators!
Click here to try them out.
Standard & Poor's Guide to Saving for Retirement
By Virginia B. Morris, Kenneth Morris
 List Price: $15.95 Purchase For: $10.85
From the world's leading financial analysts and investor education specialists comes an invaluable foundation of knowledge for every kind of investment you want to make. These guides, a collaboration between Standard & Poor's and Lightbulb Press, use clear language and informative graphics to demystify financial topics. The books make it easy for you to navigate the financial markets and understand the basics of investing and personal finance.
This easy to understand guide covers what you need to know about planning for a financially secure retirement. It provides up-to-date information on contribution and withdrawal limits, and current legislation on IRA rollovers to estate planning.
Invest In Yourself Before Investing In The Stock MarketsBy Bart Battocletti
Before trying to chase the next great stock or mutual fund, invest in yourself first. What do I mean by this?
Invest in paying off some of the debt load that you are carrying and you will make a return that equates from about 5% to a 19% rate of annual return on your money and without worrying about which direction the stock market is heading.
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Savings Accounts: Put Your Savings in the Fast LaneBy Richard Greenwood
Looking to boost your savings? With the state of the economy at the moment it is wise to stay away from new debts
for big items such as autos or electronics and go back to the old fashioned method of actually saving for the things you want. A big item like an auto or vacation may seem a hard goal to save for but with a few changes it can happen faster than you may think.
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