Money advice for a lasting marriage
Plan for retirement
Contributing to a 401(k) or IRA can help you achieve financial security. It also comes with tax deductions and the benefit of compound interest.
Saving for the future does require some strategizing.
"You should be contributing enough to each plan to get the full match," says personal finance expert Liz Weston. "You don’t want to forgo free money or the extraordinary power of compounding, so take advantage of those plans."
Financial vow: For most people, investing in a target date fund is the most prudent financial move when it comes to retirement savings.
An experienced financial adviser also can help you map out a financial future, including the investment strategies that best fit with your goals.
Even though you might have individual retirement accounts, you’re still working toward the joint goal of a stable financial future.