Where to Put Your Short-term Savings
You have money that you may need to get to. Maybe it’s money in an emergency fund. Maybe it’s savings that you just don’t feel comfortable locking up.
Article
Routing number: 301071592
Loan Payment - As a Guest (fees may apply)
What should I know to save for retirement?
When you picture retirement, what do you see? Feet up, relaxing on a beach with an ice-cold drink in your hand? Maybe that trip to Europe you could never find the time for? What might not immediately come to mind is the plan that’s going to help us make those dreams become a reality. That’s where we can help with a little know-how to make working toward that retirement a little easier.
We need a place where we can put our money for retirement and hopefully watch it grow. Here are a couple options to consider:
You might also have a chat with your employer to see what other options they offer for retirement plans.
In general, the recommended amount to have put away is enough to replace 80% of the yearly income you had right before you retired. You might need more or less, depending on what you want to do with all your new free time. To get a rough idea of where you want to be, check out our retirement calculator.
The most important thing to know about getting to that ideal retirement is that you can do it. You just need to keep these three things in mind: