Three Steps to Give Your 401(k) Plan a Check-Up

Nobody has ever said that they have too much money in retirement. I’ve been a retirement planning consultant for a long time and I’ve never heard those words. And I don’t expect to in the future.

When it comes to retirement, it is important to save as much as possible and determine what is needed to cover basic living expenses – food, shelter, clothing, healthcare, etc. Once those costs are covered, you can begin looking at things like traveling, remodeling your home, or helping pay for your grandchildren’s college education. That is pretty straightforward.