Step Up Your Game
Resolve to increase your contributions to help meet your retirement savings goals.
Increasing the amount you regularly contribute to your company's retirement plan, even by a small amount, has the potential to make a significant difference over time without putting too much of a dent in your day-to-day finances.
Consider the following example: Maribel is 40 years old and earns $40,000 a year. Currently, she contributes 3% of her annual salary to her company-sponsored retirement plan and has $30,000 saved. If she stays on this path, she will accumulate $196,714 by the time she turns 65.*
Of course, you should always take full advantage of any employer match to help boost your savings even more.
To learn more about saving for retirement, please contact us.
*This hypothetical example is for illustrative purposes only and does not represent any actual investment performance, price or yield. Investment returns are not guaranteed. Your actual return may vary significantly from that shown, and the total amounts saved in this example may or may not be sufficient for your retirement needs.↵