Participant Corner: Skip the Line, But Don’t Skip the Match!
If Jagger put the extra $1,000 towards his retirement, assuming an average return of 10% per year, (from 22 to 65) the $1,000 per year would grow to $592,400!
Participant Corner: RETIREMENT PLAN FACTS
Your employer provides you with a retirement plan for you to save money in, tax-deferred, for the day you bid your career farewell and enter into retirement. It’s important for you to know the facts about your plan, so you can maximize its saving potential.
Participant Corner: The 10% Savings Goal
Most people need to save more – often a lot more – to build a nest egg that can meet their needs.
Participant Corner: Retirement Plan Basics
Your employer’s retirement plan is a defined contribution plan designed to help you finance your retirement. Federal and sometimes state taxes on your contributions and investment earnings are deferred until you receive a distribution from the plan (typically at retirement).
Participant Corner: Budgeting for Retirement
Budgeting for your retirement is a bit of a guessing game however clarifying your goals and expectations will make it easier.
Participant Corner: Four Tips for Increasing Your Retirement Dollars
Four Tips for Increasing Your Retirement Dollars Historically, investors with a financial professional have tended to “stay the course”, employing a long- term investment strategy and avoiding overreaction to short-term market fluctuations. A financial professional also can help you determine your risk tolerance and assist you in selecting the investments that suit your financial needs…
Participant Corner: Retirement Plan Check-Up
Retirement Plan Check-Up It is important to conduct regular check-ups on your retirement plan to make sure you are on track to reach your retirement goals. Below are a few questions to ask yourself, at least annually, to see if (and how) they affect your retirement planning. Review the Past Year Did you receive a…
Participant Corner: Good Health is the Best Wealth!
This month’s employee memo encourages employees to make small lifestyle changes to reduce their out- of-pocket health costs. The memo shows the difference in savings between an average-managed patient and a well-managed patient.
HOW CAN YOU PREPARE FOR HEALTHCARE EXPENSES IN RETIREMENT?
Rising healthcare costs are on everyone’s mind, even for affluent people. In fact, 69 percent of affluent pre-retirees cite rising healthcare costs as one of their top fears in retirement, according to a survey from the Nationwide Retirement Institute. In fact, 63 percent of these affluent pre-retirees describe themselves as “terrified” of what healthcare costs…
FOUR BASIC STEPS FOR A SUCCESSFUL RETIREMENT
We know that most plan participants are not financial experts, and that can make planning for retirement difficult. Fortunately, there are some basic steps that you can follow to work toward a successful retirement.