Episode 29: Financially Prepare to Retire

KEY TAKEAWAYS:

    • A retirement fund is intended to replace your wage after you retire from the workforce. This wage replacement goes to pay for expenses and bills that we all have.
      The sooner you start to save for retirement, the more money you will have in the fund. The same goes for choosing a higher interest earning account, or investing that money. The intent is to let the account grow over time without you having to put much management into it.
    • Many employers offer a retirement savings program after you’ve been employed with them for a certain amount of time. Often times, they will even match your contributions into the account up to a certain percentage.
    • If your employer does not offer a retirement savings plan, GHS can help you manage your savings in any account of your choosing.
    • GHS is here to help with any questions concerning your accounts and managing your money goals! Stop into one of our open branches or give us a call at (800) 732-4447