Money Matters: Tips on Retirement with Steve Kocen

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Planning for retirement is important for everyone. The younger you are, the easier it is to prepare.  

  • How is it easy to save for retirement when you’re young? 
    • 20 Years Old 
    • Save around $50-$100 per month 
    • You’ll accumulate around 1 million dollars by retirement age 
  • What is good advice to help plan for retirement? 
    • Start now 
    • Take advantage of employers retirement plan 
  • How do 401Ks benefit employees? 
    • Most employers will match a percentage of the employee’s contributions
    • This percentage was dramatically increase the amount in your retirement fund
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