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Tuesday, October 23, 2012

National Save for Retirement Week

October 21-27, 2012 is National Save for Retirement Week. Organizations across the country and the state of Washington are raising public awareness about the importance of saving for retirement.

Americans’ confidence in their ability to afford a comfortable retirement is stagnant at historically low levels according to the Employee Benefit Research Institute’s 2012 Retirement Confidence Survey. According to the survey, just 14% of workers are very confident that they will have enough money to live comfortably in retirement.


 This week, be sure to take advantage of the free information and resources made available by DFI and our partners. Consider looking at your retirement strategies, plans, and needs as well.

Resources

Washington State Department of Retirement Systems
The Washington State Department of Retirement Systems has setup a Save for Retirement Week website with new video tips posted each day for state employees. View the website at http://drs.wa.gov/retirement-planning/ns4rw/index.html.  

Free DFI Publications
DFI, in partnership with the Investor Protection Trust, offers free investor education publications available in hard copy or PDF formats. Topics covered include: stocks, bonds, mutual funds, retirement saving strategies and much more. Visit http://dfi.wa.gov/sd/investor_education.htm for more information.

 Local Financial Education Classes
Organizations across Washington are offering financial education classes for free. Attend a topic of interest to you. Visit http://dfi.wa.gov/financial-education/calendar.htm to find a class near you. 

ChooseToSave.org
ChooseToSave.org offers online tools and information to help you save for retirement. Their Ballpark E$timate tool is a great place to start. The tool allows you to quickly identify approximately how much you need to save to fund a comfortable retirement. Visit http://choosetosave.org for more information.