3 STRATEGIES TO GET YOU STARTED Starting Late on Retirement Savings?
When it comes to saving for retirement, financial experts suggest that you start saving as soon as possible. But if you haven’t begun preparing for retirement, not all hope is lost. You can still start saving money now — even if you’re starting late! Here are a few strategies to help you get started. Create a Roth IRA to save more. If you have maxed out your 401(k), an IRA can help maximize your retirement contributions. For traditional IRAs, the contributions are tax-deductible and grow tax-free until you withdraw funds in retirement. For a Roth IRA, contributions are pre-tax and withdrawals are tax-free. Pay down debt. If you have credit card debt, car loans, a mortgage, and other debt, it’s best to begin
paying those off. These expenses could cripple your retirement budget if they start to increase. If you’re able to get a head start on this, you won’t have to worry about it once you’re retired. Create a budget. Take a look at your monthly earnings and see how much you’re spending each month. You may be able to repurpose that money toward your retirement savings. You can determine how much money you need to live comfortably by calculating your expenses. You can track your expenses manually by using an Excel spreadsheet, or you can ask your financial advisor for advice. Calculating your costs is very important when it comes to retirement planning because you don’t want to miscalculate how much you need after you retire.
Continue to meet with your financial advisor.
If you have any questions about saving for retirement, your budget, Roth IRAs, or 401(k) s, your advisor can assist you. They are here to help you in any way they can and make sure this period of your life goes smoothly. Allow DuPont Wealth Solutions to help you with all of your retirement planning and financial needs. If you began saving for retirement later, no worries! We can help you create a savings plan and ensure that you are good to go before your retirement.
SUDOKU
MEDITERRANEAN STUFFED CHICKEN BREAST
Inspired by DiabetesStrong.com
This succulent chicken stuffed with cheese, artichokes, and sun-dried tomatoes is impressive on the plate but easy in the kitchen! Our recipe makes 2 servings. INGREDIENTS
2 chicken breasts
10 large basil leaves, chopped
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2 oz mozzarella cheese, cubed 2 canned artichoke hearts, chopped 4 tsp sun-dried tomatoes, chopped
2 cloves garlic, chopped 1/2 tsp curry powder
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1/2 tsp paprika
Salt and pepper, to taste
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DIRECTIONS
1. Preheat oven to 365 F. 2. Cut a slit lengthwise to create a pocket in the middle of each chicken breast. Place the breasts on a baking sheet. 3. In a medium bowl, combine the mozzarella cheese, artichoke hearts, tomatoes, basil, and garlic. 4. Divide the mixture in half and stuff each chicken breast pocket. Using toothpicks, seal the edges of the pockets. 5. Season the chicken with curry, paprika, salt, and pepper, then bake for 20 minutes or until the chicken reaches 165 F. 6. Remove the toothpicks and serve with rice, potatoes, salad, or roasted vegetables!
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