Catching Up On Your Losses ~ Joseph A Leonard - Wealth Management & Consulting

Thursday, August 12, 2010

Catching Up On Your Losses

There are many of us who have lost quite a bit of our retirement funds based on what has been happening in the economy during recent times. What a lot of people do not realize is that there is still a chance to catch that back up even if you are in your 50’s this is because you should be able to put more money away as in many cases your kids will have grown up and you will have fewer expenses since many of your other regular payments will likely be paid off. You can then start funneling some of this money into your retirement savings in an effort to build it back up to where it needs to be so you can retire when you want.

Joseph Leonard is a registered Investment Advisor in North Carolina, author of The Retirement Vault and founder and CEO of the Financial Management Company in North Carolina, Coastal Financial Associates.

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