We have the ingredients to help boost your retirement readiness
How is your retirement plan like your favorite recipe? You may have discovered the plan by researching online or found it based on a recommendation from a family member or friend. Like your favorite recipe, maybe it fits you perfectly, or maybe you make changes along the way to suit your personal taste. Importantly, both your retirement and your recipe are built on basic ingredients.
For your retirement readiness recipe, your basic ingredients include:
- Getting started
- Using My Interactive Retirement PlannerSM (MIRP) to estimate your personal income needs in retirement
- Making regular increases to your contribution amount
As you begin putting the pieces of your retirement recipe together, consider the following techniques to help ensure success:
Start with a plan — Our easy digital planning tool, MIRP, can help you determine where you are in meeting your goals and create a personalized retirement plan to suit your individual needs.
Find simple solutions to save time — Use our Auto Increase feature to easily save more money over time. This tool allows you to select a percentage or dollar amount to automatically increase your contribution each year. If your plan changes, you can update your account at any time.
Consider consolidating for simplicity — Rolling your other retirement accounts into your Savings Plus account will simplify your retirement planning by bringing all your assets into one place. Our plans offer low administrative fees, so more of your money is working for you.
Keep your plan balanced — Your asset allocation could change because your investments might grow at different rates over time. Our Automatic Asset Rebalance feature will reset your investments to your original allocations each quarter to help keep your plan in place.
We’re here to help — Your Retirement Specialist can review your investments and provide guidance to help you create a retirement plan that works best for you.
We provide you with the tools and planning guidance to create a retirement strategy that feels as personalized as your favorite recipe. We want you to feel confident in your retirement savings plan and enjoy the benefits of following your retirement planning recipe. Compliments to the chef — you!