Is your retirement planning on track? Find out during National Retirement Security Week
How do your retirement savings look? According to the Employee Benefits Research Institute, only two-thirds of U.S. workers are saving for retirement. Many who are putting aside funds are saving less than they need to fund their retirement years. Start securing your financial future during National Retirement Security Week, from Oct. 16 – 20.
This week was created to spread awareness of available savings options and to educate others on the importance of saving for retirement and improving financial health. Take a look at what you can do to boost your savings with CU-provided resources:
Personal Financial Checkup
Start by taking an overall look at your total financial wellness by completing a Personal Financial Checkup. This resource covers six key areas, including financial accounts, paychecks and spending. Start today!
Understand what's in a retirement plan
Understand the difference between a 401(a) plan and a 403(b) plan, and unravel the mysteries of Social Security by reading about the basics of common retirement plans. Then preview CU-offered options here.
Meet with a financial expert
Gain insightful advice from a TIAA consultant by scheduling a one-on-one meeting. TIAA offers consultations year-round for all CU employees at no additional cost to you. Experts will evaluate your personal situation and discuss your next steps in boosting your retirement savings. Meetings can be held at a TIAA office, on a CU campus or over the phone.