Invest

Invest Wisely to attain higher returns and maintain the risk level that feels comfortable to you.

Review your Investment portfolio.

• Consider increasing amount or percent of savings.
• Identify ways to earn a competitive rate of return.
• Diversify your investments.
• Review your retirement plan annually.

Consider increasing amount or percent of savings.

Save more. Over time, try to boost your savings rate.

One of the best ways to create retirement funds is to sign up for 401k, programs if offered by your employer. Use our calculator to see how much your 401k funds will grow over time.

401k plan: Contributions and earnings to your 401(k) are tax deferred. You only pay taxes on contributions and earnings when the money is withdrawn. Additionally, many employers provide matching contributions to your 401(k). If you have matching 401(k) at your place of employment consider contributing at a minimum the amount match by your employer.

North Shore Investment Services has solutions for you to get started accumulating the money you will need for Retirement. We offer a wide variety products to get and keep you on track for the retirement you want.

Identify ways to earn a competitive rate of return.

We can offer solutions to assist you in getting on track and stay there. Take advantage of tax-deferred options. Tax-advantaged accounts such as a 401(k), Traditional IRA, or Annuities are specifically designed for long-term retirement planning, offering a trade-off of deferred taxes in exchange for restrictions on early withdrawals. 10% IRS penalty may apply to withdrawals prior to age 59 ½.

Invest and keep investing. Thanks to the power of compounding, investing even a little bit at a time can make a big difference, in your final retirement fund.

Evaluate your investments periodically to make sure your investment program is keeping ahead of inflation and taxes.

We can help you make adjustments to your current savings and investment plan so it better aligns with your retirement vision. As your investing needs become more complex, a North Shore Investment Services Professional can talk to you about appropriate investment strategies and types of investments.

Diversify your investments.

Diversifying (allocation of your assets) is the in way in which you spread your money across various classes of investments, Diversifying your portfolio helps lessen the impact of the market risk associated with single investments. In short, diversification may provide a hedge against risk and create opportunities over time.

The way you allocate your investments will depend on your age, your financial goals, and your risk tolerance.

Consider using mutual funds as a convenient and effective way to achieve instant diversification. A diversified portfolio does not assure a profit or protect against loss in a declining market.

Review your retirement plan annually.

Review your retirement plan annually to make adjustments for inflation and other factors that may affect your retirement plan.

North Shore Investment Services Bank offers a full suite of brokerage and FDIC-inured retirement accounts. Our North Shore Investment Services Professional Investment Advisors can help your you get on track and keep you there. If you would like additional information please contact one of our North Shore Investment Services Professionals or call us toll-free at 1-877-672-2265 from 8:30 a.m. - 5:00 p.m. (Central Time), Monday through Friday