preparing for a successful retirement

1. Pay yourself first:
   
   This includes putting the maximum amount into your 401(K) plans and investing additional amounts in IRAs and personal investments.

2. Put time on your side:
   
   Give your money time to accumulate. The potential earnings – and the annual compounding of those earnings – will build your retirement “nest egg”.
   
   
3. Develop a realistic Budget/Spending Plan:
   
   A.  It’s not just the accumulation of assets, but also the appropriate spending of the assets that will determine whether you will be able to afford to maintain a comfortable retirement.
   B. Evaluate your financial records to determine your income and expenses.
   
   
4. Allocate, diversify and rebalance:
   
   Asset allocation can help you find and maintain financial balance. Retirement investing changes as the years go by. Stay current and review retirement investments regularly with your financial advisor.