Ask Terry Questions Retirement

Retirement

By Terry Savage on May 23, 2022 | Financial Planning / Retirement

I am 65 and thinking of retiring in the next year or so. I currently contribute 20% of my salary to my 401k, mostly in a conservative bucket. With the current market, am I better off putting it in my savings?

Terry Says

That depends on your entire picture — and whether you have liquid savings outside your plan. This is the time to get advice you can trust –from a FEE-ONLY financial planner who is a FIDUCIARY — and who is not trying to sell you something. Find one at www.Wealthramp.com.

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