每日一读2014年7月高考英语考前突破 阅读理解能力 财经新闻 为退休节省资金的几条建议.docVIP

为退休节省资金的几条建议 1. Join your retirement plan at work. Its the easiest way to save because money is automatically deducted from your paycheck, he says. If your employer doesnt offer a retirement plan, if youre not eligible to participate in it or if youre already contributing the pre-tax maximum and can afford to save even more, then contribute to an IRA. ? 2. Start small. If youre not contributing anything to a retirement plan, start by contributing 1% of your pay. If the 1% contribution hurts, then stay at that level until it doesnt hurt anymore, he says. If it doesnt hurt, then increase your contribution by another 1%. Do that until it hurts. ? A 1% contribution may be less painful than you think. Say you make $44,259 a year. If youre paid twice a month, thats $1,844 per paycheck. If you contribute $18.44 from it, you lower your taxes by about $5, assuming youre in the 25% tax bracket, meaning your paycheck only has to drop by $13. Thats about a dollar a day. 3. Start even smaller. If even 1% sounds like too much money, make it $10 a paycheck. Then increase by $10 increments until it hurts. ? 4. Save half your next raise. If you cant contribute anything now, wait until your next pay raise. When you get it, put half your raise into the retirement plan. Your paycheck will still go up some, and your contribution will be completely painless. ? 5. Dont miss out on company incentives. Most employers that offer retirement plans give incentives for you to contribute some of your pay to your plan. Many add an amount equal to 3% of your pay. ? 6. Find a new job. If your employer doesnt offer matching contributions, find a job with an employer that does. Matching contributions can really add up. ? Consider: If you contribute $5,000 a year for 40 years, earning 6% annually, youll accumulate $773,810 for retirement. If your employer adds to your account with a 3% match, the value of your account will be $232,143 more -- giving you a total of slightly more than $1 million. ? 7. In