One of the first things you’ll learn in a retirement plan consultation in California is it’s never too early or late to start saving for retirement. Along with that good piece of advice, we’ve put together some other tips that should help you get to where you need to be.

Start Right Away

If you’re just starting out on the journey toward retirement, it’s a good idea to start saving right away. That way the compound interest will help you. This first tip is pretty simple really, because the earlier you start saving for your retirement the better off you’ll be when you finally get there.

Take Advantage of the 401k

If your employer offers one of these, it’s a good idea for you to get involved right away. They offer the ability to contribute money before it’s taxed and that can be a big advantage for saving for retirement.

Sometimes, employer contributions can come directly from your paycheck. Although you might see a small drop in your budget, the money will be whisked away toward a solid retirement plan. In the end, this means you’ll be investing more your income towards this final goal.

Look for Other Contributions

A good retirement plan consultation will also steer you in some other directions. For example, after you turn 50 you’re allowed to take advantage of what’s called catch-up contributions to some of your retirement plans.

This is a good way to catch up with you haven’t been able to make regular contributions before your senior years.

Keep in mind that it’s important to listen during one of these consultations but it’s also a good idea to ask the right questions. For example, you want to be sure that the person you are talking to has adequate experience.

You can always ask for references to other clients so you can get a complete picture.

Automate Your Savings

Your bank should have an option so you can automate your retirement savings. Taking advantage of it means that you’ll be able to grow your nest egg every month without having to consciously plan the transfer.

Finally, delaying your Social Security payments means you’re actually putting money away for a later date. The longer you wait, the more the payments become when you finally decide to take some money out.

A retirement plan consultation is the first step in understanding all of your different options.