OPEN A RETIREMENT ACCOUNT We cannot afford to let our partners or the government be responsible for our retirement. It’s imperative that we start putting away money so we don’t have to work until we can no longer work. If you have a 401k or 403b at your job start contributing to it immediately. If you’re already contributing to it, increase how much you contribute. A few extra dollars now, through compound interest, could add several thousand more dollars to your retirement fund. If your job doesn’t offer any retirement funds, you can open an Individual Retirement Account (IRA) with no money by setting up an automatic deposit from your checking account to your retirement fund with as little as $50 per month. The process is as easy as filling out a one-page application and sending in your credit union or bank checking account information. If you’re not sure where to open an IRA, speak with a fee-only financial advisor. Tip: Set up the account so that the money is added to the retirement account automatically every month from your checking account.