Do you have a retirement plan?

If you were to ask a number of people what they were saving for, you’d get a variety of answers: the latest tech gadget, a new car, a dream vacation, or even those splurge shoes. But the answer you most likely won’t get? Retirement.

Saving for retirement isn’t fun, but it is necessary and something we all need to be actively involved in. Unfortunately, only 60 percent of workers are currently saving for retirement and only 13 percent are confident about having enough money for when they do retire.

Neighborhood Link has created a four-part article series meant to take some of the confusion out of retirement planning by helping you to start thinking about your retirement goals, to estimate how much you’ll need in retirement funds, to find ways to save for retirement, and to help you determine what retirement investment options might work best for you.

The first step in retirement planning is to take time to consider your dream retirement. Will you continue to work? Where will you live? Do you plan to travel? Determining how you want to spend your newly-found free time and where will help you establish your future expenses.

Read more about: How to Start the Process of Retirement Planning