How should you save for retirement?

Created: 03/20/2014 6:58 AM WHEC.com

Do you have money set aside for your golden days?
More than 70-percent of people who don’t have a retirement plan, such as an IRA or 401k, have less than $1,000 in savings for retirement. That's according to a new national survey by the non-profit Employee Benefit Research Institute and Greenwald and Associates.
So what should you do? Participate in your company's retirement plan at least as much as they will match.
Make a plan. Figure out how much you will need for retirement and calculate how long it will take you to save up that amount.
Go to a certified financial planner if you need help figuring it out. Seeing the actual numbers often helps encourage people to save.

News10NBC/WHEC-TV welcomes your opinion and interaction on our website, but please remember to keep it clean. If you're advertising for another business, being profane, vulgar or slanderous your post will be deleted. By commenting on this website, you agree that anything you post may be used, along with your name and profile picture, in accordance with our Privacy Policy and the license you have granted pursuant to our Terms of Use. Comments are not pre-screened before they posted.


Broken Clouds
23° | -2°
  • Feels like: -9° F
  • Wind: SW 6mph
  • Humidity: 76%
  • Sat Snow developing during the afternoon
    32° | 14°
  • Sun Mostly cloudy
    35° | 21°
  • Mon Mix of sun and clouds
    37° | 26°
  • Tue Sunny
    45° | 24°