Fifty-eight percent of Americans don't have a retirement plan and 20% of Americans plan on relying on Social Security for all of their retirement needs. That's shocking given that the current average Social Security benefit is only $1,269 per month!
Don't let retirement sneak up on you. Even if you're only a few years away from leaving the workforce, there's still time to improve your financial outlook in retirement. Funding an IRA in 2013 is a great way to do it!
The following cheat sheet will help you determine which IRA is best for your financial situation.
Created by 2013 Tax Rules
The statistics above are from a study conducted by Deloitte Center for Financial Services. The 2013 IRA Contribution Cheat Sheet is used with permission from Greene IRA Success.
To learn more about our company - and find out how we are different from other financial advisors - call (210) 587-6433 or visit www.VannoyAdvisoryGroup.com.
