Saving for the future is crucial if you want a financially secure retirement. A 401(k) is an incredibly powerful investing tool, and if you have access to one, it can help you build a robust nest egg by retirement age. This year has been rough, to say the least, and not everyone can afford to contribute to their 401(k) right now.
Developing your retirement plan requires taking stock of your personal situation, including your goals for when to retire, your plans for your later years, and the different sources of income you'll have available to you. The money you put into your account when you're young will earn returns, which can be reinvested and result in even larger future returns. Most people who picture what retirement will look like probably imagine leaving work on their own schedule when they're financially ready and enjoying a nice retirement without major health problems.
Police allege a woman posed as a volunteer firefighter for six months.