Retirement Planning FACTORS | Age and Income
Jason 0 Comments Retire Wealthy Retirement Planning Tips for Retiree's
what to look for when selecting the right
retirement plan so age is a big factor when it comes to deciding which plan is right for you
if you're offered a pension that's fantastic not many companies do offer those nowadays however
if you have the benefit of getting one then yes take it but I also think you should also have a
retirement plan in addition to your pension just to diversify your savings another situation to
consider is your financial situation so someone with a higher income level is most likely going
to want to prefer choosing their own retirement plan because then they're going to be able to
not only write off those contributions but also distribute it later in life so it maximizes their
potential to not incur penalties or other taxable income kind of situations essentially the more
money you make you're looking for more write-offs you're looking to claim less you're looking to
you know have security but you got to be a little more deaf and clever in how you're taking your
distributions so to not trigger taxable events
