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Saving for Tomorrow

Saving for Tomorrow. Retirement on the Brain. Speakers. First Last Name Title, The Standard. First Last Name Title, The Standard. Retirement on the Brain. Why Aren’t We Saving for Retirement?. Retirement is still a long ways off. It’s too hard to get started.

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Saving for Tomorrow

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  1. Saving for Tomorrow Retirement on the Brain

  2. Speakers First Last Name Title, The Standard First Last Name Title, The Standard Retirement on the Brain

  3. Why Aren’t We Saving for Retirement? Retirement is still a long ways off. It’s too hard to get started. I'm close to retiring. It's too late to start saving. I don’t know how much to save. I'm hoping I'll be fine on my Social Security benefits.

  4. Reasons to Save Money for Major Purchases Money for Fun Money to Live On

  5. More Reasons to Save Replaces only 40% of current salary May rise by almost 5.5% a year Averages 3% a year Social Security Benefits Inflation Health Care

  6. Why Join Your Plan AutomaticSavings TaxAdvantages InvestmentOptions Compounding EmployerMatch (if available)

  7. Why Join Your Plan AutomaticSavings TaxAdvantages InvestmentControl EmployerMatch Compounding

  8. 80to 90 percent of your current income! How much will you need in your retirement? Say the experts.

  9. Answer 6 Questions 0 If the answer is “Less” 1 If the answer is “Same” 2 If the answer is “More”

  10. Answer 6 Questions Debt Mortgage/Rent Travel Major Purchases Entertainment Health Care 0 If the answer is “Less” 1 If the answer is “Same” 2 If the answer is “More”

  11. Scoring Your Quiz Score Approximate Percentage of Current Income Needed 0-4 80% 5-7 90% 8-10 100% 11-12 110%

  12. Employee Profile • James • 40 years old • Earns $48K a year • $75K saved for retirement • 80% = Percentage of current pay needed in retirement

  13. James’ Monthly Target Savings Goal

  14. Saving Mileposts

  15. Saving for Tomorrow ‭Use your target savings goalto enroll in your retirement plan or increase your contribution. ‭Visit www.standard.com/retirement.

  16. RP 19356 12/17

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