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08.28.07 Your Retirement, Your 401k
MP3 Audio: 08.28.07 Your Retirement, Your 401k (0.91mb) Download
By: David Bach visit website
Genre: personal finance/
Tags: investing, millionaire, personal finance, real estate
David Bach's Finish Rich Minute is brought to you by Wells Fargo Home Mortgage, a division of Wells Fargo Bank N.A., Equal Housing Lender and founding sponsor of The Great American Homeowner Challenge TM.
Hi, this is David Bach. If you're among the 50 percent of employees who have less than $25,000 saved for retirement, there's one thing you can do TODAY that will fundamentally change the course of your future. Sign up for your 401(k) plan at work or if you're already signed up, increase what you put in the plan. Most participants save only 3 percent or less of their income. Others only save the minimum required in order to get their employer's match. That's a huge, huge financial mistake! The maximum contribution you can make this year is $15,500. If you're over 50, it's $20,500. Make it your goal! I'm David Bach. Get 14 days of free Financial coaching by visiting davidbach.com.
Visit davidbach.com for mortgage information and to find a branch near you.
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