Write down the deadline and take action

Admit it: You just found that “2007 New Year’s Resolutions” sheet that you filled out back in 2006. Get more exercise? Quit smoking? Contribute to your IRA? If you’re like most Americans, you joined the gym on January 2…and made your last visit of the year there sometime later that month. You quit smoking shortly after the New Year…but then found yourself so stressed out that you couldn’t bear to put the pack down. You wanted to throw some extra cash into your IRA…but then spent the money on that new car you’ve had your eye on for a couple of years now. Well, there’s no way to go back in time and put in the extra time on the treadmill. And there’s no way to not smoke those packs of cigarettes that you did last year. But you can change your ways, scrape together some extra cash and make a contribution to your IRA for 2007 now. It’s not too late!

Find the IRA that will help you

That’s right. If you still want to make good on your promise and contribute to your IRA for 2007, you can do it now—and you’ve got until April 15 to do it. Write it down on your calendar now and don’t forget to do it. That being said, do you know where to look to set up your IRA if you don’t have one yet? Well, it’s not hard! Simply find the financial institution out there that suits you best. Your bank may even offer one. Typically, all it takes is a phone call to find the company that will help you to set aside a little bit every paycheck to contribute to your IRA. Or, you can go ahead and make larger payments to the IRA at the time that suits you best. Whatever you choose, it is not too late! Think about it.

Beat the clock and benefit now!

So, what do you say? Are you willing to let your New Year’s resolutions from last year go by the wayside as you move into the New Year? It’s too late to go back in time and attack many of the resolutions you made, but it’s not too late to do this. An IRA is a great way to save money for retirement and increase your chances of living a more successful life once your working days are over. It’s not too late! Do it now and start living your life the way you want to do it.

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