September 21, 2018
QUIZ: Are You On Track for Retirement?
Are You On Track for Retirement?
You are never too young to start planning for retirement. From the day you start your career, there are plenty of things you can do to improve quality of life when your working days are done.
It's easy to get sidetracked spending money on bills, taxes, trips, etc. However, it's important to constantly take stock of your finances with retirement in mind. Not sure how you stack up? Take this quiz and find out what you need to work on.
Do you have a 401k?
Are you saving part of your paycheck for retirement investing?
Have you ever dipped into your retirement fund to make ends meet?
Do you know when you plan on retiring?
Do you know how much annual income you'll need to retire comfortably?
Do you regularly check in on your savings and investments?
Do you have unpaid debt?
Is your spouse ready to retire?
Do you know how you'd spend your time during retirement?
Have you spoken to your family about retirement?
There's work to be done!
You may have put some thought into your retirement, but there's plenty of work to be done before you're ready to end your career. You may need to increase your investing to make up for lost time, but there's no better time than today to get started!
You're on track!
It's clear that you've spent time thinking about retirement, which means you're well on your way to the easy life. Stay disciplined and continue looking for ways to save so you can retire stress-free.