2. Community Bank of Broward helps
individuals, businesses, and organizations
plan and save for the future. Focused on
exceptional customer service and providing a
friendly and professional environment, the
Community Bank of Broward remains a top
choice for citizens of South Florida.
Retirement stands out as an important
financial milestone that every individual must
consider. Whether that transition will come in
several years or many, retirement should be
considered in terms of four different areas:
3. Social Security: This provides retirement
benefits in addition to disability and survivor
benefits. The longer you can contribute to
social security, the better.
4. Employment-Based Plans: Available in the
form of defined benefit pension plans, non-
qualified and stock option plans, as well as
defined contribution plans, such programs
help individuals save toward retirement in a
way that suits budgets and needs.
5. Personal Savings: With a wide range of
options, such as annuities, IRAs, mutual
funds, and individually held securities, this
can prove to be the most effective way of
growing a large retirement savings with low
risk.
6. Retirement Choices: Lifestyle options that
may include asset conversions, what time
one enters into retirement, and the location
where one lives can greatly impact the quality
of retirement, and it is never too early to
consider such choices in order to plan
appropriately.
7. Retirement Choices: Lifestyle options that
may include asset conversions, what time
one enters into retirement, and the location
where one lives can greatly impact the quality
of retirement, and it is never too early to
consider such choices in order to plan
appropriately.