Increment your Retirement Plan contributions, first your kids become independent
Once your children are finished with college and support themselves, you will have a newfound ability to tuck money away for retirement. Usually people don't have a lot of money when the children are in school. You usually find that the period of time in your 50s and your mid-60s is when you are really putting away a lot of money.
If each member of a couple is putting $22,500 in a retirement plan and investing it in a reasonable manner, they could probably have a pretty good shot at getting close to a million.
Call me for a FREE financial analysis of your financial situation.
Jesse Alvarado
(562)822-5565
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