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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Author Starts Saving In Her 30s But Wants To Retire A Millionaire; Financial Advisor Reveals Four Mistakes She's Making

Jen Glantz invests in a SEP IRA for higher contribution limits of $69,000 annually for 2024. (Credit: Jenglantz.com)

Best-selling author and Bridesmaid for Hire founder Jen Glantz plans to retire as a millionaire and has been working to reach that goal for two years. Glantz understands it is a big task, given that she started savings for retirement in her early 30s. She chalked out a retirement plan that included contributing to a SEP IRA and cutting back on expenses. However, Glantz decided to get her portfolio reviewed by a fiduciary financial adviser, Adam Scherer and realised she needed to make several changes to her retirement plans to stay on track.

1. Inconsistent Contributions to SEP IRA

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