Today I wanted to write about how it is going to impact on our current retirement account value. As I was researching what others have written. I noticed that my favorite blog Ethical Money Talk has already written about this topic very nicely. So instead of writing about the same topic again, I decided to discuss with the blog author and took his permission to present that blog post here for your benefit.
Blog Post from Ethical Money Blog:
Many of my friends are worried now as they can’t retire early now. Are you in the same shoes? Even if you are not, here are some good tips which I recommend to every one:
Tip#1: Whatever your current condition is, if you can add more money to your 401(K) account, then keep doing it. You should not stop looking your future just because the current financial crisis. You should look at the long term of your retirement account and it is the right strategy not to change your current contribution to your retirement account.
Filed under: money skills | Tagged: impact on 401(k), retirement 401(k), US economy, us retirement account | Leave a Comment »