October 20–26 is National Save for Retirement Week, an effort to raise public awareness about the importance of saving for retirement.
As life spans increase, so does the need to have a plan in place to help ensure you don't outlive your retirement savings. Whether you've just started your first job or you're a few years away from retiring, take time this week to start saving if you haven't already or evaluate your current retirement portfolio. In addition, take time to understand the options available that can help provide income certainty.
If you have a workplace retirement plan, reevaluate your contributions and try to take advantage of any company match available to you. Your plan may provide resources or tools to help determine how much you need to save each month to reach your retirement savings goal.
If you don't have a workplace retirement plan but want to start saving for retirement, contact your financial professional to learn about other retirement products. If you don't have a financial professional, find one today.
Here are resources to help you understand the current retirement landscape and options available to help you plan and protect your retirement income.
Retirement Savings Articles
- Strategies for Maximizing Your Social Security Benefits in Retirement
- The Biggest Retirement Planning Mistakes
- Insuring a Secure Retirement
- Planning for Retirement: How Much Longer Do We Need to Work?
- Insuring Retirement Income Against Key Risks
Retirement Savings Tools
The Prudential Insurance Company of America, Newark, NJ