Monday, February 16, 2009

Understanding Retirement Investing

RetirementLane-main_Full If you have not already noticed, I have posted a lot of articles around retirement, IRAs and 401ks etc. Why? It is all part of my personal investment philosophy of preparing for the long term and having the right strategies. 360 Degree Wealth is meant to provide you with all the necessary information to assist you in making a well-informed decision. With the right information, and the right understanding, I believe most people will be able to become great financial planners. I think this article adds to that mission.

Retirement Investing is very important because it allows you to start thinking long term. The mind-set that is created when thinking long-term is valuable when it comes to investing. There are many wealthy people out there and a large majority have become wealthy because they are able to plan well; they are very responsible with their finances. An important part is retirement.

I encourage you to read this article below and get an understanding of the various options that are available to you; IRA, Roth IRA, Roth 401k, 401k, 403b etc. Understand the difference between them and know the contribution limits. Your decisions here can have a huge impact on the quality of your lifestyle closer to your retirement years.


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