Clara Abbott - Your 20s -- Get Started, Start Saving!

Planning your Retirement

Tools, Links and Resources

Your 20s -- Get Started, Start Saving!

Your 30s -- Save Some of Your Growing Income

Your 40s -- Don't Let Kids' College Expenses Derail Your Plan

Your 50s -- Make Sure You Are on Track

Your 60s -- Ready, Set, Retire?

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Already Retired

Your 20s -- Get Started, Start Saving!

In your 20s, retirement probably isn’t even on your radar. But this is a perfect time to set up your first retirement savings account.

Establish good money management skills now — your good choices today will pay off huge in the future.
Put at least a small amount of every paycheck into your retirement account.
Take advantage of Abbott’s 401(k) program. Invest just two percent of your income, and the company will contribute another five percent.
Give your money decades to grow, and even small amounts will become significant over time.

Click here to see how saving in your 20s can lead to significant retirement savings.

Click here for Tools, Links and Resources to help ensure you’re making the most of your investments in your 20s.

With every raise you get, you should raise your retirement savings.
If you increase your investment percentage at the time of your raise, you won’t even miss the money. Through Abbott’s 401(k) program, you can invest up to 18% of your salary pre-tax. Go to www.ibenefitcenter.com to start or increase your savings today.

You may want to consider meeting with a Clara Abbott Foundation consultant. Our financial consultants can provide you with tools to help you meet your financial goals, such as debt-assessment guides, goal-setting tools, budget methods and financial resources.

The Clara Abbott Foundation can help you make good financial choices with a wide variety of free education classes and e-learning, geared to your particular decade of life. Below are some classes and e-learning modules you may find of interest in your 20s. Click here to view a complete list of classes and e-learning modules.

    Classes
    Car-Buying Basics
    Understanding Credit Reports
    Be the Boss of Your Money

    e-learning
    Save Your Money
    Know the Basics of Credit
    Manage Your Debt Problems

Learn all about money and investing through our e-learning classes by clicking here.