If I could give young professionals advice about saving for retirement, I’d say that any type of contribution that can increase your 401(k), at any time, will really benefit you.
“I’m a manager at a service center. I manage a group of colleagues who provide support to different clients in relation to HR, 401(k), health insurance, and pension benefits.
“I really stress reading things that are sent to you because this is something that we see with our day-to-day clients: they call us and they say ‘I didn’t get this in the mail.’ A lot of things are still snail-mail, especially when it comes to retirement accounts, because we can’t have everything online for sensitivity purposes. I read everything that’s sent to me, especially when there are changes, just to make sure where I’m investing is the right place for me.
“If I could give young professionals advice about saving for retirement, I’d say that any type of contribution that can increase your 401(k), at any time, will really benefit you. Some people get bonuses at their companies, some get annual increases or increases from their annual reviews, and it’s nice to think that you have some extra money coming because you got a raise, but I would put that additional percentage or two into your retirement because that will really make a difference in the long run.”
Photograph & interview by Carloyn Buoso
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