We live in a high-tech world where information about all topics under the sun is available at your fingertips. We are moving toward self-service and automatic access to everything. I love that I can look at my checking account balance on my phone; I love that I can make dinner reservations with a couple of clicks, and I love that I can confirm a dentist appointment with a one-letter text message response.
While high-tech solutions offer tremendous convenience, some things are still much better when they are high-touch. One of these things is retirement planning and creating a financial plan for the future.
There are many different options and components available when you are building your retirement plan, and professional guidance on how these components can work together can make a significant impact on what your future values will be.
401(k), 403(b), 457 and other qualified retirement plans are tax-advantaged plans established by the IRS, to help Americans save for their retirement years. Many organizations that offer these plans provide their employees with self-service options to access the savings and investment components within these plans. While this is indeed convenient, it can be very confusing to know which options to select. Working with a professional to clarify the choices that are available to you, and the impact that those selections can have on your savings and retirement income potential can prove to be invaluable advice for the future.
For more insights on saving for retirement, check out What I have learned about saving for retirement.
National Life Group is the leading provider of fixed indexed annuities in employer-sponsored plans (LIMRA 2015), and we pride ourselves on providing education and information on our retirement and protection solutions. Learn more about retirement plans and our retirement solutions.
Fixed indexed annuities are issued by Life Insurance Company of the Southwest, Addison, TX, a member of National Life Group.