Keep Your Home Safe While On Vacation
Your trip should be relaxing and worry-free. That’s why it’s a good idea to prepare your home before you leave with this checklist. With a little extra vigilance, you can help keep your property and belongings safer while you’re gone.
- Ask a trusted friend or neighbor to keep an eye on things. Also, have them take out the trash.
- Ask a neighbor to park in your driveway occasionally, so there’s activity at your house.
- Make sure your lawn stays trimmed, or your driveway is shoveled if it snows.
- Stop the newspaper and mail deliveries or ask a trusted neighbor to pick them up.
- Leave your blinds/curtains exactly as they are when you’re home.
- Beware of social media. Think twice before posting your detailed vacation plans on social media.
- Lock all external doors, windows, and the garage.
- Put at least one light in your house on a timer.
- If you have a security company, notify them that you are going out of town.
10 Ways to Save More for RetirementProvided by Thomas Sconzo, Financial Advisor
Feel you need to do a little extra to make sure your retirement savings plans are on track? Here are some simple, straight-forward tips to help you save more for your retirement years.
- See a financial advisor and develop a retirement savings plan. If you've calculated your retirement savings needs, you'll have more realistic goals and save more.
- Put more dollars into your company's 401(k) or other savings plan. Remember, you can elect to save up to $19,000 in 2019 (or $25,000 if age 50 or over). Even if you can't contribute the maximum, at the very least contribute up to your company match. Don't give away free money.
- Contribute to an IRA. If you qualify, the maximum you can contribute is $6,000 per year ($7,000 if age 50 or over). In many cases, a Roth IRA may be preferable over a traditional IRA, so look into both options.
- Pay yourself first. Each month, automatically deduct a set amount from your checking/share draft account and invest it for your retirement (possibly to fund an IRA). After a while, you won't even miss it. Do this in addition to your company-sponsored retirement plan.
- Avoid dipping into your retirement savings—even if it's for a good purpose like a home purchase or education. Remember...it's for your RETIREMENT. That's why it's called retirement savings.
- Spend less now. If you're not putting enough away for your retirement and don't know where to find the extra cash flow, you may have to reset your priorities. For example, say you've got a $450 payment on your car or truck. You may want to consider a less expensive vehicle to allow for $200 more each month into your retirement savings.
- Invest your savings appropriately. A big mistake is taking on too much risk or not taking enough. For example, a 35-year-old probably shouldn't be investing all their retirement savings in fixed rate, guaranteed investments. Make sure your retirement portfolio is diversified to get the best balance of risk and return for your situation.
- Commit to saving more. Try to calculate the most you think you can put away for retirement...then add 10% to this amount. Now you're getting committed. And you'll never regret saving this much.
- Avoid “cashing in” your retirement dollars when you switch jobs. Instead, look at “rolling” your savings to another plan or IRA to avoid unnecessary taxes and penalties.
- Start today. The earlier you start, the better the results. Even if you're 22 years old and in your first job, you won't regret any of these moves. Ready, set....GO!
For help with your retirement dollars, contact Thomas Sconzo, the People's Alliance Investment and Retirement Center Representative serving the members of PAFCU at (631) 434-3500, extension 262 for a no-cost, no-obligation Investment/Retirement Planning Consultation. Today is the best time to get started!
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