We’ve all heard the saying “you’re never too young to start saving for retirement.” Saving money early in life can help prevent you from scrambling when you’re approaching retirement age. It can also help with unforeseen expenses along the way.

Life is full of surprises that include unexpected and sometimes burdensome obstacles like car accidents or health issues. That said, life will also include events you’ll plan for like a wedding or buying a house. Whether planned or unplanned, both cases always seem to require that you spend more money than you anticipate. Other common expenses include:

  • Buying a car
  • Raising Children
  • Supporting an aging family member
  • Paying off student loans

It’s easy to think your journey to financial security will be never-ending. The question to ask yourself is, are you saving enough?

One of the easiest ways to save for retirement is with a 401(k). This is but one of the many suggestions the IRS recommends for saving. Even contributing a small percentage of your income regularly can grow an account into a sizeable retirement nest egg. Other tips for getting closer to your financial goal include:

  • Speaking with a financial professional
  • Taking advantage of an individual retirement account (IRA) or other saving mechanism
  • Knowing the difference between “Roth” and “traditional.” Pick the account that works best for you and begin saving.
  • Understanding the savings options available through BG Staffing, INC.
  • Setting money aside in accounts you can access prior to retirement


Practicing good habits of saving will help you become more financially secure. Make plans now, to have money waiting for you at retirement so those unanticipated costs don’t sneak up on you. Life promises surprises along the way and with the right preparation, you won’t have to worry when the unexpected happens.

Source: IRS and U.S. Department of Labor