Shebudgets
Not Having A Retirement Account
It is a great idea to have a retirement account such as a 401K that can accrue interest and add to your overall nest egg. Start this account as early as possible to get the maximum return on your money. Do not withdraw your funds even when you get in tight situations.
Save the money for your retirement. There is usually a stiff penalty for withdrawing your savings early. Look into IRA’s and Roth IRA’s as well. If you are self employed look into profit sharing and Keough plans.