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Home financial budget Financial Planning financial planning process money saving ideas I have a govt job which has a defined pension at retirement. I would get 70-100% of my pay depending on the age I plan to retire. Should I still try to maximize my 401ks and Roth IRAs in additional to my pension? Or are there other ways I can maximize my savings ?

I have a govt job which has a defined pension at retirement. I would get 70-100% of my pay depending on the age I plan to retire. Should I still try to maximize my 401ks and Roth IRAs in additional to my pension? Or are there other ways I can maximize my savings ?

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I would also be receiving social security retirement benefits.

I have 2 kids also want to save some money for their college but not enough to pay it all as I still want them to know the cost of their education.

I would ideally want to save to take yearly vacations with them possibly even abroad .

Please enlighten me ! Thank you



Submitted September 11, 2019 at 08:29PM by Enlightened2014 https://ift.tt/2ZTVL0L
financial budgetFinancial Planningfinancial planning processmoney saving ideas
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