Time to stop guessing and start mapping a journey
ST. PAUL, Minn – April 08, 2015 – For baby boomers, millennials and everyone in between, developing a clear vision of retirement is an important component of building a financially-secure future.
Forty-five percent of people simply guess how much they’ll need in retirement, according to a 2013 Employee Benefit Research Institute survey. Those who feel guessing is a risk they don’t want to take can start mapping their retirement
journeys now. National Retirement Planning Week®, April 13-17, is a good motivator and Securian’s Retirement GPS site is an excellent place to start.
Retirement GPS provides key concepts to consider when building a retirement vision. The site is loaded with Securian educational tools and materials that assist with developing a retirement income strategy.
“The good news is that it’s never too late to achieve financial security in retirement. It all begins with education and developing a strategy. That might be as simple as taking advantage of Social Security options that maximize retirement income,” said Kerry Geurkink, manager, Individual Annuity Distribution, Securian Financial Group. “A few dollars saved today can grow dramatically over time.”
In addition to saving early and often, here are some tips for strengthening retirement income:
- Recognize how to optimize Social Security
- Understand options when considering rollovers from qualified accounts
- Map out a retirement income strategy
Securian is a member of the Insured Retirement Institute which sponsors the National Retirement Planning Coalition. The coalition provides consumers and financial professionals with useful information and tools at Retire On Your Terms. Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation’s largest life insurance groups, it is the holding company parent of several companies. Insurance products are issued by Minnesota Life Insurance Company in all states except New York where products are issued by Securian Life Insurance Company, a New York authorized insurer. Both companies are headquartered in Saint Paul, MN and each insurer is solely responsible for the financial obligations under the policies and contracts it issues. Product availability and features may vary by state.