Athene Annuity on Lifetime Television Balancing Act Program

Planning Your Retirement:
It’s Never Too Early … Or Too Late

 

Have you thought about what life will be like after you stop working? Do you think you know when that might be? Do you know where you plan to live? What you plan to do with your time?

Most of us have dreams for retirement. But according to recent surveys, we’re concerned about having enough money to make those dreams come true. And far too few of us have taken concrete steps to plan for the realities.

Data from the Employee Benefit Research Institute suggests that nearly three in five American workers have less than $25,000 in total household savings and investments, excluding their homes. Less than half were in this situation five years ago. Only 66 percent of us are saving for retirement, and less than half have tried to calculate how much money we’ll need to live comfortably once we stop working.1

So what can we do in these challenging times to help turn our retirement dreams into realities? Begin by saving for retirement just as you would a vacation, or new car or your child’s college education. And make sure to discuss your situation with a financial advisor.

Chris Grady, executive vice president and head of retail for Athene Annuity, began with this simple advice in a series of recent appearances on The Balancing Act®, a one-hour education and information program for women on Lifetime Television®. The series, called “Planning Your Financial Health” offers tips on budgeting and planning for retirement, including how women can use annuities and other financial tools to achieve their financial goals.

Watch the segments here:



Building Your Retirement Savings



The Role of Annuities



Summer in the Sun: Bright Times to Review You Long-term Financial Plan



Fall Back Into Your Year, Tips, Tricks and Techniques for Strategic Retirement Planning





1Employee Benefits Research Institute, The 2013 Retirement Confidence Survey: Perceived Savings Needs Outpace Reality for Many, http://www.ebri.org/pdf/briefspdf/EBRI_IB_03-13.No384.RCS1.pdf