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Benefits news: 6 rules to ensure a comfortable retirement from TIAA-CREF

Jan 22, 2015

Considering retiring in the near future?  Here is an article from TIAA-CREF about Six Rules to Ensure a Comfortable Retirement!

As you approach retirement, there are steps you need to take to ensure your savings can last a lifetime.  Regardless of your retirement goals — traveling, moving to a warmer climate, spending more time with family — you need to ensure you will have enough money to step away from work, as well as enough income to last you through retirement.

Getting your finances in line can help you decide when to retire and what lifestyle you can enjoy.  TIAA-CREF recommends following these six simple but powerful rules to ensure a comfortable retirement:

1.       Save for retirement with an outcome in mind.

2.       Cover essential living expenses with guaranteed income.

3.       Be smart about Social Security and taxes.

4.       Factor in healthcare expenses.

5.       Adapt your investment strategy and your thinking.

6.       Prepare for your legacy.

Since this is the beginning of 2015, consider making an appointment with a TIAA-CREF representative at 800.842.2007 to start planning. 

For the full article please visit www.tiaa-cref.org.

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