It is the beginning of August, and that means it is back to school time. But back to school time is not just for kids in school anymore. With so many changes each and every year in the financial and economic arena, you simply have to make sure you go ‘back to school’ to stay educated and informed in order to keep your retirement plan updated and accurate at all times. So, it is back to school time for your retirement plan.
Summer time is considered break time for most students. And this is the time of the year that many parents take some time off work from their normal routines to do some activities with their kids, take family vacations, etc. During this time period, it is very easy to get behind and forget about your retirement plan for a while. However, as you know, time does not stop and changes in the financial and economic arena happen all the time. Every year there are tax law changes, interest rate changes and changes in the economy and financial markets, With that being said, retirement planning never ends. In fact, there have been many changes this year in rules, laws, taxes and regulations. So, you need to keep up your knowledge of all these changes so you can make the proper and strategic adjustments to your retirement plan every year to keep your planning up-to-date, accurate and in-line with your specific goals, objectives, and desires.
So, back to school is not just for kids anymore as it’s back to school time for your retirement plan. To learn about the many changes for 2018 and the retirement planning deadlines that are fast approaching for this year, visit The Prepare Institute website and find an upcoming education retirement course in your area.
Content is for educational and informational purposes only. It is not intended to be used as the sole basis for financial decisions, nor should it be construed as advice designed to meet the particular needs of an individual’s situation. You should contact your retirement and tax professional before utilizing any of the information in this article.