Tag: Retirement Funds
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A Simple Guide to Retirement Funds: Common Types, Pros and Cons, and How to Get Started
Saving for retirement is crucial for financial security in older age. There are various types of funds like 401(k)s, IRAs, and pensions, each with pros and cons. Start by assessing your finances, contributing as much as possible, diversifying investments, and avoiding common mistakes like cashing out early.