Investing in a 401k IRA

Investing in a 401k and IRA
Retire On Track LLC.

Investing in a 401k and IRA: What You Should Be Aware of

When you're saving for retirement, one of the things that you will discover is that investing in a 401k and IRA is among the most common options. By investing in a 401k, most individuals are able to take advantage of matching contributions from their employer that will let them grow their savings even more. Many also know that, by saving with an IRA - individual retirement accounts - they are able to set aside some of their income, without paying taxes on those savings up front. However, investing in a 401k and IRA are not the only options that are available to you.

When you're committed to saving for and investing in the retirement that you would like to have - rather than worrying about whether or not you will be able to make ends meet once you do not have a steady paycheck coming in from your employer - it's important to know that, beyond investing in a 401k and IRA, there are a lot of accounts out there that you should be looking into. From money market savings and investment accounts with a higher rate of return on your savings to investments in individual stocks, there's a lot out there.

You owe it to yourself to learn about all of the options that are available - whether or not you are already investing in a 401k and IRA - when you are saving for and investing in your retirement. You deserve to know whether the savings that you have are in the right accounts or if you could accrue more money by opening a different type of account. You deserve to know how the investments that you have made - and those that you are thinking about making - are projected to perform in the future so that you can be sure you are making the choices that are right for you.

The best thing that you can do - in addition to investing in a 401k and IRA - is to download the free retirement calculator at the bottom of this page. With it, you will be able to look at information about your accounts and your savings and investments to see whether or not they will help you to reach your goals. You will also be able to look at the hypotheticals: what if instead of investing in this stock, you chose that one? By looking at the projections you can see how your choices will affect the income that's available to you when you retire.

Because you will have questions, when you download the free retirement calculator, your contact information will be forwarded to a financial advisor in your area who will call you to follow up. You'll be able to ask questions, discuss your goals, look at your options and to see whether or not investing in a 401k and IRA is the best option for saving for and investing in your retirement.

There's no reason to believe that investing in a 401k and IRA is the only option that is available to you. There are simple and effective tools available and great advice that, together, can ensure that you reach all of your retirement goals, whatever they may be. Just click and download the free retirement calculator to see for yourself.