Do you have a retirement plan?

How often do you sit with your family and friends and discuss your savings plan for retirement? How often do you go over your retirement strategy?

If you’re like most people, you don’t have a retirement plan, and you aren’t sure how much you really need in retirement to feel financially secure. Many of us guess what we will need, but we haven’t factored in the cost of health care, long-term care insurance, or inflation.

For many, the retirement plan is to keep working. While planning to work past age 65 is a great opportunity to continue earning income and to save more money, not everyone will have the luxury of working because of illness or layoffs. It is important to be proactive in setting a retirement savings goal and to have a backup plan if you are forced to retire sooner than expected. Icon Credit Union can help you with a personalized retirement plan based on your individual goals.

To schedule an appointment, please call 344-7948 ext. 270 for Jeff Currie, or 947-0123 ext. 123 for Amy Herber.

Published 8-5-2011