National Save for Retirement Week kick off!

by: Amaia Kirtland

The eight annual National Save for Retirement Week (NS4RW), started on Sunday, October 19th and runs through Saturday, October 25th, provides a great opportunity to reflect on your personal retirement goals and determine whether you’re on target to reach them.

National Save for Retirement Week is the first congressionally endorsed, national event formally calling on all employees to take full advantage of employer-sponsored retirement plans. It is also an effort to raise public awareness about the importance of saving for retirement.

It is important to begin saving today for retirement – or increase your contributions if you aren’t meeting your goals. Experts predict that retirees will need from 80 percent to 100 percent of their pre-retirement income to maintain their lifestyle after retirement. Yet, surveys show that most Americans remain unprepared for retirement.

 

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