With Altura Auto Loans take advantage of our low rates plus enjoy 90 days without a payment.LEARN MORE
CFS Wealth Management Consultants can assist you in determining your short- or long-term investment needs. They can also help you in managing your current investments and explore new options.
You might be asking yourself when is the best time to rollover these employer-sponsored investments? We recommend when your retire, when you change jobs or when you separate from an employer for any reason.
Retiring successfully takes planning. Take an honest inventory of your assets, savings, investments, and set some goals for your retirement. While you need a plan you also need to be flexible and open to unexpected changes. Keep yourself informed about the latest developments in areas such as the cost of living, tax laws, investments, real estate trends, and other areas that are likely to have an impact on your life.
Withdrawing money from your retirement account early may be tempting but it’s seldom a financially wise decision. You also incur tax penalties if you take money out of an IRA or 401K before retirement age (currently 59.5). If you’re thinking about raiding your retirement account, make this an absolute last resort. You’ll be glad you held out a few years from now.
Reducing or eliminating debt is one of the best ways to improve your financial situation. Debts are especially draining after you retire. Do whatever you can to cut down on what you owe, especially high-interest debts such as credit cards.