Whether you have started working recently or you are about to retire, the most important thing that you should consider is planning for your retirement. You should remember that it is not too early or too late to save for retirement. You should always try to save more and in case you are about to retire then you should think about increasing contribution to your savings or delay Social Security.
Barry Bulakites has vast experience on retirement planning and has helped celebrities, sports persons as well as companies with retirement plans. He says that the following tips should be considered to help boost the savings:
- You should start to save and invest as much as you can and allow compound interest to make earnings. It is important to keep in mind that the more you invest when you are young, it will help you in the long run.
- In case your company offers a 401(k) plan; then you should contribute to it so that you can get maximum advantage. In case you leave that company then also you have choices on what to do with that 401(k) plan.
- Think about getting an IRA opened. The individual retirement account can help you to a great extent during your retirement. You can either opt for Roth IRA or Traditional IRA depending on your choice. The individual retirement account will give you a chance to shop around. You can hold several types of investments in an IRA, which includes ETF, mutual fund, bond, or stock many of which may cost less than those offered through the company plan. In case you have a traditional IRA account then you can change it into a Roth IRA account and in order to do this you can take assistance of Mr. Bulakites, IRA expert.
Options To Consider According to Barry Bulakites When it Comes to Retirement Planning
At present, Barry Bulakites is working as a Chief Sales and Marketing Officer and oversees all sales and marketing related concerns at Table Bay Financial Network, Inc. This is one of the top IRA firms in the nation. He is the founder of America’s IRA ExpertsTM which serves more than seventy five hundred accountants. Prior to coming into the profession, Barry has completed a B.S. in Marketing from Western New England College and a two-year program from the London School of Business management.
Besides assisting with retirement planning, Mr. Bulakites is also a well- known motivational speaker and specializes in marketing and communications. Each year he conducts more than 250 events and often speaks at conferences. He has also appeared on a number of radio and television programs. Mr. Bulakites has been nominated for the 2011 Industry Elite Award because of his achievement in developing the America’s IRA Centers concept.
So, for all those who want to get assistance for distribution of retirement assets and to make comprehensive plan for retirement can contact Mr. Bulakites today.