The investment products are not insured by the FDIC

As time goes by, watching your retirement savings add up, you may be motivated to save even more. Also, this process may become second nature as you look for ways to cut expenses and set aside more money for this stage. When you receive a raise or addition, automatically consider saving a portion of that additional income.

This is a hypothetical example for illustrative resolutions only. The example assumes that the amounts are invested monthly, an average annual return of 6%, and interest compounded monthly. This does not represent the results of any particular investment instrument. Your outcomes will be different. Amounts are rounded to the nearest greenback. Source: DST Departure Solutions, LLC, an SS&C company.

Learn more about the withdrawal strategies of our experts

Watch the following videos to learn more about managing a retirement account:

Access the full  playlist here .

For more details on the different withdrawal strategies available to you, please email our fiscal expert at  educacionretiro@popular.com . Remember, the earlier you start development, the better financial security for your retirement.

This information has been submitted for educational purposes and for your independent consideration. This information does not contain, nor does it constitute or provide accounting, financial, investment or other advice. This material does not include before take into account all the factors that may be relevant to your financial needs; it is not to be considered, or seen, as advice or as a suggestion to take (or refrain from charming) any particular action. By on condition that this information, we assume that you are able to evaluate this statistics and the general descriptions found here, and exercise your independent decision. Banco Prevalent de Puerto Rico, its subsidiaries and / or affiliates are not engaged in rendering legal, accounting or tax advisory services. If legal services are required, accounting or tax advice, you should seek the services of a competent professional. The investment products are not insured by the FDIC, they are not deposits or obligations of, nor are they guaranteed by Banco Prevalent de Puerto Rico, its affiliates and / or subsidiaries; they involve risk and can lose value, including the loss of the principal invested. 

Given the possibility of human or mechanical error by SS&C or its sources, SS&C nor its sources guarantee the accuracy, adequacy, completeness or availability of any information and are not responsible for any errors or lapses or for the outcomes obtained after using such information. SS&C will not be liable in any case for indirect, special or consequential damages related to the use of the content by subscribers or other parties.

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