Saving strategies as retirement draws near

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People who are worried they haven’t saved enough can try various strategies to build up their account balances before they officially call it a career. Valley News/Courtesy photo
TEMECULA – Professionals on the cusp of retirement may look forward to traveling once they no longer have to go to work each day, while others may plan to return to school. Regardless of how adults envision spending their retirement, they’re going to need money when they’re no longer being paid by their employers. As retirement nears, some professionals may be concerned that they haven’t saved enough. There’s no one-size-fits-all answer in regard to how much money people will need in retirement. People who are worried they haven’t saved enough can try various strategies to build up their account balances before they officially call it a career. Take advantage of catch-up contributions. Adults who are 50 or older are eligible to take advantage of catch-up contributions. Th
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