Here’s a great retirement article with a timeline to help guide you in making the best decisions for your retirement. The timeline starts at 50 and explains that while you are still working you should, “begin making catch-up contributions to your retirement accounts. The annual catch-up contribution for an Individual Retirement Account is $1,000 on top of the base $5,500 annual contribution amount. For a 401(k) or 403(b) workplace plan, it’s $5,500 on top of the base $17,500 annual contribution amount.” To see what you should be doing after 50 through 70 1/2 (that’s no typo), CLICK HERE.
