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WE ALL NEED TO SAVE MORE FOR RETIREMENT

| May 08, 2012
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I recently read an article on how much men and women save for retirement..  The article talks about how not only do men earn more than woman but they have more saved for retirement too.  There is a bigger problem though and that is neither group has saved enough for retirement.  With the social security trust fund now expected to run out by 2033, we can not depend on having social security around to help in retirement.  As a financial professional, I believe the answer is that everyone needs to try to maximize their retirement at work, save more and also use Traditional IRA's and Roth IRA's to supplement their retirement.  Live for today and worry about tomorrow,  tomorrow will not work for retirement in the future, whether you live in South Windsor, Ct or anywhere else.
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