A good retirement plan can give you peace of mind for your financial well-being after you stop working. Developing a retirement plan involves many considerations, including:
- the age at which you hope to retire
- how much money you will need to cover your living expenses
- what you want to do after you retire
- sources of income during your retirement
There is no one-size-fits-all retirement plan because each person's situation is unique, so you must develop a plan that meets your individual needs and circumstances. The first step is to explore ways to save and invest money through employment-related options (pension plans, 401(K) plans), and personal investments.
This webinar will guide you through various retirement planning options and highlight common mistakes you want to avoid.
This webinar is part of the MoneyCounts series hosted by the Penn State Sokolov-Miller Family Financial and Life Skills Center.
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