Retirement Planning–The Basics
You may have a very idealistic vision of retirement–doing all of the things that you never seem to have time to do now. But how do you pursue that vision? Social Security may be around when you retire, but the benefit that you get from Uncle Sam may not provide enough income for your retirement years. To make matters worse, few employers today offer a traditional company pension plan that guarantees you a specific income at retirement. On top of that, people are living longer and must find ways to fund those additional years of retirement. Such eye-opening facts mean that today, sound retirement planning is critical.
More Details
Investing for Retirement

Keep in mind…

  • A well-diversified portfolio can help balance risk
  • The earlier you start investing, the more you can contribute over the course of your working lifetime
  • By starting early, your investments will have a longer period of time to compound
More Details
Estimating Your Retirement Income Needs
You know how important it is to plan for your retirement, but where do you begin? One of your first steps should be to estimate how much income you’ll need to fund your retirement. That’s not as easy as it sounds, because retirement planning is not an exact science. Your specific needs depend on your goals and many other factors. However, by doing a little homework, you’ll be well on your way to a comfortable retirement.
More Details
Saving for Your Retirement
Saving for your retirement illustration.
More Details
Traditional IRAs
A traditional individual retirement account or individual retirement annuity (IRA) is a personal savings plan that offers tax benefits to encourage retirement savings. Funds in a traditional IRA grow tax deferred until they are withdrawn. Contributions may be fully or partially tax deductible, depending on certain factors.
More Details
Roth IRAs
A Roth individual retirement account (IRA) is a personal savings plan that offers tax benefits to encourage retirement savings. Contributions to a Roth IRA are not tax deductible, but the funds grow tax deferred and distributions are tax free under certain conditions.
More Details
Comparison of Traditional IRAs and Roth IRAs

Table comparing traditional and roth IRAs.

More Details
401(k) Plans 401(k) Plans

  • You receive "free" money if your contributions are matched by your employer
  • You decide how much to save (within federal limits) and how to invest your 401(k) money
  • Your regular 401(k) contributions are made with pretax dollars*
More Details
Differences Between a Roth 401(k) and a Roth IRA

Table showing the differences between a Roth 401(k) and a Roth IRA.

More Details
Annuities

  • Interest and capital gains generated by an annuity accrue tax deferred until withdrawn
  • You can receive payments from the annuity for your entire lifetime, regardless of how long you may live*
  • There are normally no contribution limits
More Details
Investment Advisor Representative: Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor.  Registered Representative: Securities offered through Cambridge Investment Research Inc., a Broker/Dealer, Member FINRA/SIPC.  Cambridge and Affinity Wealth Advisors Inc are not affiliated.

Prepared by Broadridge Investor Communication Solutions, Inc. Copyright 2011.