Leave a Message

Thank you for your message. We will be in touch with you shortly.

Getting Ready For Retirement

October 11, 2020

Real Estate

Getting Ready For Retirement

For most people, retirement feels like a long way off. But, if you don’t start preparing as early as possible, you may find yourself in a place of financial insecurity when the time does come. To avoid this, consider implementing the following tips.

  1. Calculate your target savings. In general, it’s recommended that you save between 10 to 15 percent of your income for retirement. However, you can always use an online savings calculator to determine the amount you need to save for your specific needs and goals.
  2. Contribute to your employer’s retirement savings plan. Does your job offer a 401(k), traditional IRA, or Roth IRA? Sign up and start saving as soon as they allow you to. It’s recommended to set up automatic paycheck deductions and, once the money is in your retirement fund, don’t touch it.
  3. Take advantage of employee benefits. Many employers offer matching which generally requires you contribute a certain percentage of each paycheck and your company will then contribute a matching amount with funds of their own. They might also offer health savings or flexible savings account. By contributing to these accounts, you reduce your amount of taxable income, allowing you to save more money.
  4. Pay off your debts. Start by paying off any high-interest credit card debt first. Then look at other debts, such as student loans and car payments, and make a plan for paying those off incrementally.
  5. Reduce daily spending. Although this feels like a no-brainer, spending your money thoughtfully now can make a big impact later. Seek out areas of your life where you can

Buyer

Why Buying a Home Early in 2025 Could Help You Avoid Rising Interest Rates

Thao Dang Pham  |  January 13, 2025

Why Buying a Home Early in 2025 Could Help You Avoid Rising Interest Rates

Seller

Owning Green-Certified Properties: The Key to Attracting Modern Buyers

Brian Ng  |  January 10, 2025

Owning Green-Certified Properties: The Key to Attracting Modern Buyers

Buyer

Energy-Efficient Properties and Eco-Friendly Homes: The Future of Real Estate

Thao Dang Pham  |  January 9, 2025

Energy-Efficient Properties and Eco-Friendly Homes: The Future of Real Estate

Real Estate Investing

Capitalizing on Historically Low Commercial Vacancy Rates: A Real Estate Investor’s Guide

Brian Ng  |  January 8, 2025

Capitalizing on Historically Low Commercial Vacancy Rates: A Real Estate Investor’s Guide

Real Estate Investing

The Ultimate Guide to Investing in Properties with Both Residential and Retail Use

Brian Ng  |  January 7, 2025

The Ultimate Guide to Investing in Properties with Both Residential and Retail Use

Real Estate Investing

The Future of Mixed-Use Developments: Trends Shaping Tomorrow’s Urban Spaces

Thao Dang Pham  |  January 6, 2025

The Future of Mixed-Use Developments: Trends Shaping Tomorrow’s Urban Spaces
FOLLOW US ON INSTAGRAM