IN THIS PART …

Making saving more than a concept is the first benefit of starting a retirement account. Mapping out a savings plan will help you down the road to your retirement destination.

Figuring out how to save quickly segues into how much you need to save. Beating inflation while weathering the ups and downs of the market is an achievable goal.

Choosing what to invest in and in what proportions can be nerve-wracking but is certainly necessary. You may have limited choices through your employer’s plan or have a wide field to pick from for your personal IRA.

Setting your best investment strategy is something you’ll undoubtedly need to do more than once. As you get closer to your retirement, switching ratios of growth and income investments makes sense.

No risk, no reward. Knowing that a reasonable amount of risk is included in making investment choices is necessary to keep you on track with your plan. Ups and downs will happen through the years; you just need to find a comfortable level of risk.