Should I be planning financially for retirement?

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  1. Dr. Mehmet Oz
     
    Dr. Mehmet Oz answered:

    You need to plan for the time when you step away from the main source of your income. Start your 401(k) plan and contribute as much money as you can afford to, without pain. By the end of two years, you will love your foresight. Try to contribute more every year, and increase the percentage contributed for every pay increase. You can survive on what you were making, so each increase that goes to financial security decreases financial stress and the large amount of illnesses that it causes.

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    You need to plan for the time when you step away from the main source of your income. Start your 401(k) plan and contribute as much money as you can afford to, without pain. By the end of two years, you will love your foresight. Try to contribute... More
  2. Dr. Steven Gurland
     
    Dr. Steven Gurland of MDLIVE answered:
    It is never to early to consider planning for your financial security during your retirement. It is best to have a financial  professional help outline your strategy. You must coordinate your 401k plan, your IRA and your personnel savings to begin the process.
    Helpful? 1 person found this helpful
    More Related Answers from MDLIVE
    It is never to early to consider planning for your financial security during your retirement. It is best to have a financial  professional help outline your strategy. You must coordinate your 401k plan, your IRA and your personnel... More