VIDEO from Medialink and Allstate: Maximize Your Retirement Savings
December 12 2006 - 4:28PM
PR Newswire (US)
NEW YORK, Dec. 12 /PRNewswire/ -- Did you know according to a study
by the Employee Benefit Research Institute, only 60 percent of
American workers are saving for retirement -- and fewer than 40
percent have an IRA? Experts agree the sooner you get started, the
more you'll have for the golden years. (See video at:
http://media.medialink.com/WebNR.aspx?story=32835) For those who
think it's hard and painful to do, the simplest way is through
employer-sponsored programs like a 401k, particularly when it's
matched by an employer. This is the time of year many workers have
opportunities to change their contributions to company 401k plans
and to set aside some extra money for individual retirement
accounts. You should contribute at least the company matched
percentage to your 401k. You should also save on your own -- with a
mix of stocks, bonds, and other investments. If you haven't started
saving, there are some strategies to help you catch up. Financial
professionals can help craft a savings strategy to best reach your
retirement goals. Registered journalists can access video, audio,
text, graphics and photos for free and unrestricted use at
http://media.medialink.com/. DATASOURCE: Medialink and Allstate
CONTACT: Medialink New York, +1-888-560-5578 or Web site:
http://media.medialink.com/
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