Creating a Financially Secure Retirement

Retirement is a critical stage in life and it is important to be financially secure. This can be achieved by having the right financial plan in place. John Labunski, a Certified Financial Planner and founder of Financial Engines, offers his advice on how to create a financially secure retirement.

Labunski suggests that one should make sure they have enough money saved up for retirement as early as possible. He also recommends contributing regularly to an employer-sponsored 401(k) or 403(b) plan as these come with tax advantages that can help build long-term wealth. Additionally, Labunski advises retirees to look into investments outside of their workplace savings plans such as individual stocks and bonds or mutual funds which can provide more diversified returns over time.