In light of the recent chaos in US and world financial markets, it is easy to understand the temptation to return to a “money under the mattress” saving plan. It may seem counter-intuitive to continue investing given the uncertainty, but contributing should still be an important part of your estate planning.

One advantage of continuing to contribute to a retirement account is that money you contribute to your IRA or 401(k) grows tax free until it is withdrawn. Also, if your employer offers to match your 401(k) contribution and you do not participate, you are leaving free money on the table.

However, at this point in our economic history, no one can afford to just keep putting money into a retirement account without paying close attention to how it is being invested. Take time to review your retirement plans, and, if necessary, move a percentage of your investments into money markets, bonds, fixed interest and other counter cyclical investments. Your estate planning lawyer can advise on the best way to diversify your investments and keep you on track for your retirement.

To learn more about retirement planning, visit www.littmanKrooks.com.