Your company’s retirement plan is a smart way to save for a secure financial future. Below are a few helpful hints to help you reach your goals.
|Do participate today. Each day you wait is less money you will have at retirement.||Don’t let emotion rule. Remember that the market fluctuates and that you are in this for the long term.|
|Do diversify* your investments. Consider your age and your tolerance to risk.||Don’t “listen to your neighbor.” Consider the source of such investment advice.|
|Do contribute enough to receive the full benefits of the employer match (if offered).||Don’t time the market. This is a dangerous game to play.|
|Do rebalance your investment allocation regularly.||Don’t chase returns. It won’t get you any closer to where you need to be.|
Remember, you are in control of your retirement savings – so be pro-active!
If you have any questions or are unsure how to invest your money, contact your benefits department or call your retirement plan consultant, Rathbone Warwick Investment Management at 208-297-5445.