Save Money for Retirement

by Joan Alipo 07/07/2019

Retirement is something all workers should look forward to doing. It is a period of rest after many years of exemplary service. Retiring from service is not only applicable to government workers, those working in a private establishment, as well as other non-governmental organizations, will also retire at a particular time. 

While the retirement period is a period of rest, it can be frustrating if there is no financial preparation. It is therefore essential for workers to prepare adequately for their retirement not minding the retirement package put in place by their employer. An excellent way to put up a secure financial backup for retirement is saving. It pays to focus on how you can save towards your retirement. 

Here are some useful pointers and suggestions that will help you start to save effectively towards your retirement:

Start Early 

The most useful advice on how to save money for retirement is by starting early. When you start early in your career, you would have saved a considerable amount of money before retirement, giving you something worthwhile to fall back on when you retire. A lot of workers start saving late thinking that they have plenty of time ahead of them. Most of those workers end up saving nothing at the end of the day.

Clear all debt 

Debt is one of the hindrances to retirement savings. Though it is not comfortable paying off your debt as soon as you can but clearing all your debt means freeing up more money for retirement savings. So, to ensure you have enough money to save, try to be debt-free to enable you to have enough funds for your upkeep and your retirement savings as well.

Prioritize your Pension 

There are lots of reasons to save; you can save for a home, car, holiday, retirement and many other things. You must decide what your priority is, whether you are saving toward buying a new car, building a new house or you concentrate on your pension. Focusing on your pension funds may seem to be of no benefits while you are still working, but you will understand better when you retire. 

Set a goal

Setting a firm and realizable goal is a way of motivating yourself to put a particular sum of money aside for your retirement. There are numerous benefits of setting a goal when it comes to retirement savings. Apart from motivating you to do your best, a goal will always give you a target to meet.

Speak to a certified financial advisor if you have trouble figuring out a viable retirement plan.

About the Author
Author

Joan Alipo

Jupiter Joan Opening Doors For You!

Joan Alipo is a licensed real estate agent in Florida for 20+ yrs. Joan's coverage area includes Jupiter, Tequesta, Juno Beach, North Palm, Palm Beach Gardens, Hobe Sound, Stuart, Palm City.

I welcome the opportunity to navigate the changing Real Estate Market and assist you in your Real Estate Objectives.

As a Listing Agent, I will provide local knowledge about housing statistics, schools and communities. I will maximize the return on your home, by providing a Market Evaluation. I provide strong Marketing and Negotiation Skills. Your home will be in front of hundreds of potential buyers. I have experience selling Real Estate in the area and have a network of existing buyers and agents.

As a Selling Agent, my research will provide you with accurate and real time data. I will educate you to the current market conditions thus strengthening your offer without the worry of overpaying, while always ensuring that each transaction adheres to the strict code of ethics. 

I provide professional Expertise, Personal Service, Exceptional Communication and Support thru Closing and After, I have a support team which provides Concierge Service to all my clients.

I also connect with policy makers and industry experts at the Local, State and National levels. My involvement helps in fighting taxes and laws that would adversely affect Homeowner's Rights or the American dream of Homeownership.

Please, give me a call and let's get started on your journey!

Joan Alipo also known as Jupiter Joan!

Membership/Credentials

NAR, National Association of Realtors, FR. Florida Realtors Association, JTHS Association of Realtors, RAPB-GFLR, Realtors Association of the Palm Beaches and Greater Ft. Lauderdale

Credentials: CIPS, Certified International Specialist, Global Luxury, TRC, Transnational Referral Certified, CRS, Certified Residential Specialist, CNS,Certified Negotiation Specialist, CMS, Certified Marketing Specialist, AHWD, At Home With Diversity, RSPS, Resort and Second Homes Specialist, Cartus Relocation Specialist, NAR President Liaison to Denmark.

Awards: FR Realtor Associate of the Year, JTHS Realtor of the Year, FR, Rock Star for Global Business, FR, Passion for the Profession, Customer Excellence Award, Lifetime Professional Achievement, FR/RAPB-GFTLR Honor Society.