America Saves Week
MissionSquare Retirement is committed to helping public sector employees save successfully. Assess your 2020 savings goals during America Saves Week and take action to make sure you are on track for a secure retirement!
A Financially Confident You
MissionSquare Retirement is committed to supporting the financial health and retirement goals of those who have dedicated their lives to working in public service. Join us during America Saves Week to focus on ways toward a financially confident you.
Saving for a Major Milestone: Retirement
Your retirement plan gives you the opportunity to control how much you save, how to invest those savings, and how to withdraw funds in retirement. While it may seem far into the future, retirement and planning for it should be balanced with everything else, including your current finances, career stage, and life situation.
Learn how to save and invest for your future in six steps.
Paying Down Debt is Saving
Do you have debt? To keep it manageable, a rule of thumb is to keep total monthly debt payments to less than 36% of your gross income. But even if you’re within that limit, that doesn’t ensure you’re in good financial shape. Debt costs you real money in the form of interest, limiting your flexibility to spend and save for your future. See how to lower the total cost of debt by paying it off sooner, getting a lower interest rate, or minimizing it to begin with.
Saving at Any Age
Many people think they will rely on their pension or Social Security to cover their expenses in retirement, but both are designed to replace only a portion of your salary. Financial professionals estimate you’ll need to replace about 80% of your pre-retirement income, but your needs may be higher. Regardless of your age, saving now and consistently and investing wisely can help contribute to your retirement security and independence. See the impact saving now can have on your future.