Avoiding Retirement Killers

There are all sorts of ways to sabotage a retirement. Not saving enough is certainly at the top of the list. But the _Motley Fool_ posted several others on 5/26. Among them: Cashing in your 401(k) plan when switching jobs (an astounding 45% of job switchers do so) and not knowing how much to save (only 42% of workers have done a retirement needs calculation).
h3(matt). Matt’s View:
p(matt). Instead of cashing in a 401(k) when you leave a job, triggering income taxes and a 10% penalty for those under 59 and a half, roll the money into another retirement account such as an IRA. As for not knowing how much to save, lots of free online calculators are available. Among the better ones are those from by T. Rowe Price, which offers a .

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