What Advice Would You Give to Anyone Planning for Retirement?

Juliette Fairley - What advice would you give to anyone planning for retirement?

In this video, Juliette Fairley advises that anyone starting retirement planning should invest in safe, tax-advantaged vehicles—such as a 401(k), IRA, or annuity—and emphasizes the importance of getting started and exploring available options.

Video Transcript

For people who are just now starting to plan for retirement, regardless of their age, you want to make sure that you're putting your money in a safe investment vehicle. You want to make sure that you're putting your money in an investment vehicle that has tax advantages.

So you want to make sure that your investment is tax deferred, for example, it's not taxed at today's rate, but it's taxed at a later rate when you're retired, which is usually lower. The way to save for retirement, there are many different ways to save for retirement. You can save with a four zero one through your employer. You can save on your own in an IRA.

Or you can save through an annuity.

So the important thing is to get started investing and to explore your options.