Retirement seemed a long way away to a few members of the audience on October 25, but they were glad they came when finance educator Allison Spiers showed them a dramatic slide of how savings can compound over time when you've got 30 or more years to save. This, and other good information about retirement savings was the topic of our most recent Community Snapshot, "Retirement Mistakes to Avoid."
For those who don't have that much time to save for retirement, Alison gave some good tips on diversifying savings to minimize risks. "Some risks you don't have any control over, like how many years you'll have for retirement and the rates of return you'll earn on your money," she explained. But there are risks you can control and she discussed these in the Community Snapshot.