Have the years raced by without saving for retirement being a priority? You are in good company. Financial professionals Joe Anderson and Alan Clopine give you tips to fast track your retirement after 40. Planning for your retirement takes a different approach when you haven’t focused on it until the time horizon for retirement isn’t that far off in the distance. From putting a plan in place, keeping more of what you make to making sure you don’t derail your retirement, this segment is a must-see for anyone falling short of their savings goals.
(0:00) – Intro
(1:50) – Retirement Goals Employees Want
(2:30) – Fast Track Your Retirement After 40
(4:00) – Action Plan
(5:40) – Determine Spending
(7:50) – Monthly Plan to 500k
(9:00) – Retirement Accounts
(12:20) – Delay Retirement
(13:10) – Keep Working
(15:50) – Patience Pays
(19:20) – Avoid Raiding the Account
(20:40) – Are you giving it to Adult Children?
(21:40) – Ask the Experts