Retirement Planning in South Elgin Archives

The most important decision you can make is to take action and get started now. The sooner you decide on a plan, the sooner you can begin to make progress. If you decide to prioritize paying down debt, make sure you put in place a mechanism that automatically directs money toward the debt so you won’t be tempted to skip or reduce payments. Pay Down Debt or Save for Retirement? You can use a variety of strategies to pay off debt, many of which can cut not only the amount of time it will take to pay off the debt but also the total interest paid. But like many people, you may be torn between paying off debt and the need to save for retirement. Both are important; both can help give you a more secure future. If you’re not sure you can afford to tackle both at the same...

Plan sponsors who retain the services of a Professional Retirement Plan Advisor entirely dedicated to the business reap tremendous benefits from the partnership. Most salient is the enhanced participant retirement and readiness that stems from repeated measurements, participate reporting, plan design changes, participant guidance, and advice. Specialized Advisors apply a wealth of insight and experience to create an environment conductive to participation and contribution levels that lead to retirement success. – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – – Plan Study Sponsors: Fidelity Investments Franklin Templeton Investments MFS Funds Mass Mutual Financial Group Principal Financial Group John Hancock Investments TransAmerica Retirement Solutions Source : Retirement Advisor Council ...