It's open-enrollment season. That means your employer will be offering you the opportunity to make choices about the various workplace benefits you receive -- including your health insurance plan, other insurance such as disability or long-term care, and medical and dependent-care flexible spending accounts. It also can be a chance to enroll in your company's 401(k) or adjust the amount you're contributing. As Miranda Marquit writes on the Bargaineering blog, "Even if your company allows you to make changes to your 401(k) at any time, and doesn’t have a set 401(k) open enrollment period, it’s always a good time to make sure you’re saving and investing your retirement dollars as intelligently as possible." For her tips, see 401(k) Open-Enrollment Season at Work? 3 Things You Need to Know. And for more advice on saving for retirement, here's what some of our favorite personal finance bloggers are saying:
The Importance of Saving Early [Sustainable Personal Finance]
"The earlier you start saving, the better off you’ll be -- no matter how little you set aside at first."
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4 Retirement Tips Young Adults Can Implement NOW [MoneyNing]
"Young adults need to start saving for retirement as soon as possible -- while not floundering under other financial obligations."
4 Retirement-Saving Mind Games [FiveCentNickel]
"Certain mind games can be very useful in reaching long-term goals, and there are some examples that might be effective when it comes to saving for retirement."
How Much Do I Need to Retire? [Money Under 30]
"Here’s a simple way to estimate how much you need."
The Myth of Early Retirement for the Middle Class [Consumerism Commentary]
"Most people are not willing to make the kind of sacrifices necessary to make early retirement -- the kind in which you actually do stop trading labor for capital and do not have a spouse’s salary to rely upon -- a reality."
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