The number one factor in determining your rate of return—after asset allocation—is cost. Fees eat into your bottom line, so you’ll want to minimize the fees you pay. Learn more about fees.
Increase your retirement savings and take advantage of tax benefits. Traditional IRAs give you tax-deferred growth and possible tax deductibility now, while Roth IRAs offer tax-free growth, meaning no taxes later on. Try our Roth vs. Traditional IRA calculator.
Know your limits.
If you’re not maximizing your contributions, you may wish to re-evaluate the amount you’re putting toward retirement. Not only do you lower your taxable income, you ensure you’re doing everything you can to reach your retirement goals. Review contribution limits.