How To Plan For Retirement Late In Life?

  1. 0 POINTS
    Contact Me
    David RacichPRO
    Fountain Hills, Arizona
    The first thing to do is plan on working until 70½, when you’re forced to take required minimum distributions from a qualified plan. Don’t have a qualified plan? If you’re in a high tax bracket contribute to a tax deductible IRA. If you’re in a low tax bracket contribute to a Roth IRA. Wait unit age 70 to maximize your Social Security benefits.
     
    Answered on July 25, 2013
    +0
    1 Thumb up 0
    +1 this answer
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>