>>The first thing I’d
recommend is to really make sure that you’re maximizing
your workplace benefits. That means that if your company
is matching your contributions, make sure you’re at
least contributing enough to take advantage of that. When you’re saving
for your retirement, think about investment
vehicles outside of your employer-based
retirement plans. Maybe look at a traditional IRA
or a Roth IRA, mutual funds, ETFs, brokerage accounts,
or even managed accounts. The advice that I give
someone who’s getting close to their retirement age
is to start thinking about how do you convert
that savings into income. An annuity helps you to
turn your retirement savings into a guaranteed income stream, which essentially
replaces your paycheck and makes you comfortable to
transition into retirement. [ Music ]