Have you ever actually sat down to think about what you will do when you get older? I mean we cannot work for the rest of our lives, and let’s face it by the time we get old enough to retire, there will be no money when we hit retirement age. Since we know this already it’s time we take other measures to ensure our future.
I have been been strongly thinking about starting some sort of savings to ensure I am okay when I get older. One thing I have learned with getting our car is to always look at the rates the companies can get you. For instance with a car loan we should have checked out the interest rates. Instead we jumped at the first approval we had, and got stuck paying almost $100 a month in interest…
Since we are looking to save for retirement, I want to see what types of annuity rates I can get. With thinking about my future I don’t want to make a mistake that might effect me later down the road. I know I will have to do a lot of research, because I don’t have money to waste, but I want to make sure when I get older, I can go on and not be a burden on my family.
What are some things you look at when looking into starting a retirement fund?