One of the most common retirement planning questions is:
Should I contribute to my 401(k) pre-tax or Roth (after-tax)?
The answer is not the same for everyone.
At Plumb Financial, we often say:
“It depends on what you are trying to accomplish.”
One of the most common retirement planning questions is:
Should I contribute to my 401(k) pre-tax or Roth (after-tax)?
The answer is not the same for everyone.
At Plumb Financial, we often say:
“It depends on what you are trying to accomplish.”
Imagine trying to build a house without a blueprint.
Could it be done? Maybe.
Would it be difficult, inefficient, and potentially more expensive? Absolutely.
The same idea applies to your financial future.
One of the most common retirement questions is:
“How much money do I actually need to retire?”
The honest answer is:
It depends.
At Plumb Financial, we remind people all the time that retirement planning is personal. There is no one-size-fits-all number because every household, lifestyle, and future goal is different.
When the stock market swings up and down in a short period of time, it can make investors nervous.
Headlines become dramatic. News channels talk about fear and uncertainty. Social media fills with opinions about what people “should” be doing.
So how should you actually react when the market feels unpredictable?
Most people think retirement planning is something to worry about in their 50s. But the truth is, the best time to start planning is much earlier, as soon as you begin earning income.