Spend that windfall wisely (even if you didn't win the Powerball lottery)

By , Contributor

2. What’s the state of my retirement savings?

  • close
    The headquarters of Calpers, the largest US public pension fund, is seen in Sacramento, Calif., in this 2009 file photo. If you get a sudden windfall, putting it into your retirement account might provide the biggest bang for the buck long term.
    View Caption

A windfall is a great way to boost your retirement fund, especially if it’s looking a bit too skimpy. You could put the money in an individual retirement account or a retirement fund operated through your employer. If you are already contributing to a fund, you can sock away more money. 

2 of 5

 
 
Make a Difference
Inspired? Here are some ways to make a difference on this issue.
Follow Stories Like This
Get the Monitor stories you care about delivered to your inbox.
 

Loading...

Loading...

Loading...