Live Long and Prosper

January 13, 2021 | posted in: Blog, Employee Education | by

Planning for retirement is more important than ever because now we’re living longer than ever.  Read more here.

Best Advice We’ve Heard?

March 11, 2020 | posted in: Blog, Employee Education | by

Best advice we’ve heard for dealing with the current situation: “Wash your hands. Ignore the markets. Don’t touch your face. And don’t touch your stocks.” Read more from Annie Lowrey here.

This Fact About Your Retirement Savings May Surprise You!

August 30, 2018 | posted in: Blog | by

Do you know which would have a greater impact on your retirement savings: a) saving an additional 1% of salary for 30 years; or b) delaying retirement by 3-4 months? You might be surprised to learn the answer.  Find out here.

11 Common Financial Mistakes to Avoid

July 27, 2018 | posted in: Blog, Employee Education | by

Just as to-do lists can be a key part of planning, “do-not-do” lists can be helpful reminders to avoid mistakes that others have made.  Click here for 11 mistakes to avoid!

How Important Are Retirement Savings? very, verrrry, VERY!!

April 27, 2017 | posted in: Blog, Employee Education, Plan Sponsor Corner | by
How important is saving for retirement? The Social Security Administration’s new study makes the answer pretty clear: very.

The biennial “Income of the Aged” report released this spring examines the retirement income of more than 34 million households, married and single, to produce a financial snapshot of those 65 and older in 2014, the most recent available data.

Savers have nearly doubled the annual income in retirement than nonsavers.
When a household is reduced to one person, income may decrease dramatically.
Income often decreases as a household ages.

Click here to read more about why savings now matter, especially for women.

You Can’t Afford to “Wing It” When It Comes to Retirement!

March 20, 2017 | posted in: Blog, Employee Education | by
Having a written plan makes it more likely you will stick to your plan.

You’ve heard this before: Failing to plan is planning to fail. This couldn’t be more true than when it comes to retirement. According to a recent survey conducted by the Transamerica Center for Retirement Studies (TCRS), more than one-third (37 percent) of workers don’t have any strategy for their retirement. These people are truly winging it…leaving their futures to chance.
The study also found that almost half (47 percent) of all workers have a strategy, but it’s not written down. Such a plan is better than nothing, but most likely it’ll be incomplete.
Fewer than one in five workers (16 percent) have a written plan, which is ideal. Research in behavioral economics shows that having a written strategy increases a person’s commitment to carrying out the plan.
So what should go into a successful retirement strategy? Read more, and check out additional links, from MoneyWatch’s Steve Vernon.