October is National Retirement Security Month. If you’re still working, what can you do to help yourself achieve security during your retirement years?

For starters, contribute regularly to your tax-advantaged accounts, such as your IRA and 401(k). And put in enough to your 401(k) to earn your employer’s match if one is offered.

Also, look for ways to potentially boost your retirement income. If appropriate, you could delay taking Social Security to maximize your monthly payments. You also might consider investment vehicles that can provide you with lifetime income.

Here’s another tip: Budget for health care costs, which could reach several thousand dollars a year during your retirement. You might also want to consider obtaining some type of insurance to protect yourself against the costs of long-term care.

And to really feel secure during retirement, make sure your estate plans include measures to help protect your finances if something unexpected were to happen to you. Review these plans with your legal and financial professionals, and possibly your tax advisor, too.

Taking these and other steps may free yourself to help you enjoy what may be one of the most rewarding times of your life.

This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.

Edward Jones Trust Company and Edward Jones, and their employees and financial advisors, are not estate planners and cannot provide tax or legal advice. You should consult your estate-planning attorney or qualified tax advisor regarding your situation.

Edward Jones, Member SIPC.

Local Edward Jones financial advisors include Vicky Kirby (256-845-2610), Matt Guice (256-844-6726) and John T. Davis (256-845-4560).

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