Is it too late?

IT’S NEVER TOO LATE TO SAVE!!!

You are not behind the 8-ball and can still start saving today!

Every dollar you save is one more closer to a comfortable retirement. Unfortunately many people today have not been able to save for their future needs, let alone retirement. This is a goal that we must all have and it can be done (even if your retirement is not far off!)

Bit by bit: Set aside a small amount from each paycheck, say about 10% and put this into your Retirement Account and/or Savings or Money Market Account for emergency needs. If your Employer offers either a 401K or 403B Retirement Plan, take advantage of this, especially if they have a matching funds program! If you can set aside more, then you will be increasing your savings even faster!

Set realistic goals: Decide how much money you will need to have the retirement lifestyle you want. Pay off high interest credit cards and loans now, and only charge what you absolutely need to. Once you have paid off a bill, deposit the same amount of the payment into your Savings and/or Retirement Accounts, growing your nest egg even larger.

Refinance: By refinancing your primary residence or vacation home for a lower interest rate, monthly savings or debt consolidation you will be able to add more to your Savings. Put the amount you are saving each month into your Savings and/or Retirement Accounts and watch your funds increase quickly.

If you or anyone you know is interested in refinancing, please call me direct at 763-557-5608, or stop in to see me at Bremer Bank—Plymouth, MN.

Referrals to family, friends, neighbors and business associates are always appreciated and welcome!

Enjoy your summer!
Regards,
Steven