How much should you contribute to your Deferred Compensation Plan?

<p>With so many ways to invest your retirement money, many first responders put off making a choice until it’s too late. There’s only so much to go around, and you need to pay your bills too! </p> <p>Your deferred compensation plan is one of the biggest benefits available to first responders, so getting your contribution right is key to retiring on your terms.</p> <p>In this episode, I discuss how to figure out exactly what you should contribute, and why small increases add up to huge amounts over time.</p> <p><strong>Show Highlights Include:</strong></p> <ul> <li>The “Ripple Effect” principle that can dramatically improve your retirement lifestyle and how to kickstart it today (3:38)</li> <li>How to determine exactly how much you should contribute to your deferred comp plan (8:01)</li> <li>Why “Dollar Amount” contributions are stunting the growth of your retirement plan and what you need to do instead (11:29)</li> <li>Is the ROTH IRA may not be right for you? How to figure it out today. (12:59)</li> <li>A proven method to decrease investment volatility and give you peace of mind when investing (15:30)</li> </ul> <p>To schedule your free retirement tracking meeting, specifically for first responders, head to <a href= "http://pensionattention.com/" target="_blank" rel= "noopener">http://pensionattention.com/</a> or call us at 805-409-8150.</p>