Summary
Having a strong retirement savings plan is crucial to ensure financial security in your golden years. The earlier you start saving, the more time your money has to grow.
The earlier you start saving for retirement, the more time your money has to grow. Take advantage of tax-advantaged retirement accounts like 401(k)s, IRAs, and Roth IRAs. Diversification is key to building a strong retirement savings plan.
A general rule of thumb is to save at least 10-15% of your annual income for retirement. Consider working with a financial advisor to determine the best retirement accounts for your needs.
