Asked by arscc  |  Submitted August 18, 2016

I am 49 years old with very little retirement savings. I have a Roth IRA, which I max out. What else can I do?

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  Answers  |  1

August 19, 2016

Hi Arscc,
We get this one quite often.
Are you a business owner? If not, why not?
The most important question you need to answer is, "How much do you need and when do you need it?" Once you can answer this, we can dive into the various ways to get you there. Contact us directly to discuss this in greater detail. No obligation

There are 4 basic solutions (and many derivations of these) to not having enough.

1. Increase your time
2. Increase your contributions
3. Decrease your lifestyle expenses

Now, let's dive into the fourth which is our specialty: Get a higher rate of return (ROI). What is your MARR (Minimum Acceptable Rate of Return) and are you getting this with your Roth IRA?
We can easily customize a plan for you or we can assist you with doing this yourself. Your choice. Again, no obligation.

It's not what you make; it's what you keep that determines your lifestyle.

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