An IMCU Lifestyle Guide: Ready for Retirement?

READY FOR RETIREMENT?

Whether retirement has finally arrived or it’s approaching rapidly, you’ve worked hard
for a long time to get here. Bringing your career to an end (or even cutting back on the
amount of time you devote to work) leads to all sorts of changes and forces you to make
many important decisions that will determine the quality of the years ahead. Indiana
Members Credit Union created this guide to help you make the right choices for your
situation and needs.

HOW WELL HAVE YOU PREPARED?
While most people will spend plenty of time thinking about what they’d like to do in their retirement years, far fewer actually take the time or the steps to prepare. According to Money Magazine, one-third of Americans have no retirement savings, and another 23 percent have only been able to save less than $10,000. (Only 13 percent have managed to put away at least $300,000.) Continue reading