While 59% of Americans say that they're putting aside money for retirement, 43% have less than $25,000 in savings, and 25% have less than $1,000. How much are you contributing to the plan? Make sure that you're saving enough for when you'll need it the most—at retirement.
Fortunately for you, your employer's retirement plan offers an easy way to invest for the most epic production of your life—your retirement.
National Save For Retirement Week—taking place October 21–27, 2012—is a great time to get your savings efforts back on track. Using your plan's online tools, you can calculate how much you need, determine how much you may have at retirement, and get practical steps for pursuing a more financially secure retirement.
Still not convinced? Experts agree: the more you save for retirement, the greater your chances of retiring comfortably. Increase your potential for comfort by boosting your contribution amount today.
It's your retirement. How it plays out is up to you.
Source: http://money.cnn.com/2011/03/15/retirement/retirement_confidence/index.htm
Before investing, you should carefully consider the investment objectives, risks, charges and expenses of the mutual funds or The Hartford's group variable annuity products and funding agreements, and their underlying funds. For fund and product prospectuses and/or a disclosure document containing this and other information, contact your financial professional or visit our website. Read them carefully.
"The Hartford" is The Hartford Financial Services Group, Inc. and its subsidiaries, including Hartford Life Insurance Company, Hartford Retirement Services, LLC ("HRS"), and Hartford Securities Distribution Company, Inc. ("HSD"). HSD (member FINRA and SIPC) is a registered broker/dealer affiliate of The Hartford.
Retirement programs can be funded by group fixed or variable annuity products and funding agreements issued by Hartford Life Insurance Company (Simsbury, CT). Group variable contracts are underwritten and distributed by HSD, where applicable. HRS and HSD offer certain service programs for retirement plans through which a sponsor or administrator of a plan may also invest in mutual funds on behalf of plan participants.
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