Advice on Saving for Retirement Varies Depending on Your Stage of Life
Insight from a Financial Services Expert on What to Do When…
It’s something we know we all need to do. But depending on our age, and our stage of life, there are different retirement rules we need to follow.
Available to talk to your listeners about how to save, and eventually spend, in retirement, is financial services expert Scott Thoma. Scott’s advice has been featured on CNBC’s Squawk on the Street, PBS’ Nightly Business Report and Bloomberg. He’ll be available on December 20, 2011, for interviews, offering age-based advice on preparing for retirement. He’ll discuss:
- In your 30s and 40s: You’re getting married, you’re buying a home, you’re having a family…you’re saving for a down payment, you’re saving for your kids’ college, and you’re saving for retirement. Advice on how you can balance it all, and where exactly to place saving for your retirement on your to-do list.
- In your 50s: The kids are out of the house, the college education is paid for – maybe. You’re nearing the age at which you want to retire. What can you do to preserve the funds you’ve accumulated and make the most of the home stretch, and what to do if you’re behind? Advice on what you should be doing with your money now, as the age for retirement draws near.
- In your 60s: You’re just about there. You’ve been so focused on saving that it’s time to learn how to spend in retirement. Advice that’s very important to today’s Baby Boomers: what you need to know about spending smartly once you’re reliant on your retirement income.
About the talent: Scott Thoma has been a guest on CNBC’s Squawk on the Street, PBS’ Nightly Business Report and Bloomberg and has been quoted in such publications as The Wall Street Journal, Kiplinger’s and the Boston Globe.
SUGGESTED QUESTIONS:
- Why is saving for retirement important early on?
- In our 30s and 40s, what are our challenges, and what should we do?
- In our 50s, which challenges are less prominent and how can we give our savings and investments one last push?
- In our 60s, how can we – and the millions of Baby Boomers out there – start to prepare to live in retirement?
- What about when to take Social Security?
- Where can we go for more information?
