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2020 resolutions for retirement

Yahoo Finance Video
337,495 次觀看
3 年前
Skip Johnson of Great Waters Financial joins Yahoo Finance to share some tips to start off the New Year on the right financial foot and how to best prepare for changes the SECURE Act will make to retirement planning.
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  • T
    Tech_Lead
    Start with a basic. Get education that pays 200k a year, marry thrifty spouse with same kind of education, do not divorce and the rest will come on its own.
  • R
    RetirementSite
    The top retirement resolution should be to follow the basics: start saving/investing early in life and be consistent (save with every paycheck). Taking advantage of a matching 401k plan should be a no brainer. The power of compounding is lost on many people. Also maxing out contributions when possible, eliminating debt, avoiding risks with your nest egg, planning for multiple streams of income once retired (social security, pensions, dividends, part time work, etc.) and making catch up contributions once you reach 50 should all be part of everyone's plan. And work at staying healthy to reduce illness, injuries and medical costs. I recently found the site Retirement And Good Living which provides information on all these issues as well as many other retirement topics and also has several retirement and health calculators.
  • T
    Thomas
    Also be sure to vote. I don't need to mention which party: all patriotic, pro-capitalism, pro freedom Americans will already know what I'm talking about.
  • C
    Callan
    Regard debt as your mortal enemy and set a "debt free" date that is five to eight years before your planned retirement date and stick to it. Good people, there is nothing like the debt-free lifestyle!
Tech_Lead3 年前
Start with a basic. Get education that pays 200k a year, mar...更多
Dsee3 年前
Why would someone who has all day to relax ever choose an ar...更多
say what?3 年前
52% KNOW they are behind. What this doesn't say is probably ...更多
Slug II3 年前
I'm Gen X, and will be retiring in about 10 years with rough...更多
RetirementSite3 年前
The key is to start saving/investing early in life and be co...更多
Bob3 年前
Since they never actually come out and tell you how to creat...更多
RetirementSite3 年前
Start saving/investing early in life and be consistent (save...更多
richard t3 年前
Social security could have been designed in a way to replace...更多
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