1-800-346-7171

Retirement Planning

Planning For A Secure Retirement

Today, a majority of your retirement income will likely depend on your own resources. More retirees than ever before receive benefits from Social Security and employer-sponsored retirement plans, but the role of these two sources of income is expected to decline in the future. Many employers are cutting back on retirement benefits or are no longer offering pension plans.

But, with some advance planning you can make your retirement more comfortable and a first step toward this objective is to begin planning in earnest – today.

The professional life insurance representatives of Security Mutual Life can assist in the planning process. Together, you will determine how much income is needed to maintain your current lifestyle in retirement, typically between 67% and 90% of your pre-retirement income, and review and analyze the four primary sources of retirement income: Social Security, employer-sponsored pension plans, Individual Retirement Accounts and personal investments. If a gap exists between what is needed and what is available, then a plan can be formulated to help put your financial house in order.

Retirement planning is the only way to estimate the amount of money you will require in retirement in order to maintain your desired lifestyle. Starting early to plan for your retirement will make a big difference later on.

To get an idea of just how much money you would have to save, starting today, to retire at your desired comfort level, try out our retirement planner.

Social Security—A Single Life Only Benefit

You look into the future. You picture yourselves as a couple who has worked together, accumulated your assets together, and combined your incomes to create your lifestyle for your “golden years.” It’s been a productive life and you live within your means. It appears...

read more

When Term Insurance Is Your Choice

Term insurance is easy to understand. You pay the premiums and you have life insurance . . . no bells, no whistles. However, term products can differ. So it pays to compare different term products to your personal financial objectives.

read more

The Dow Dips

"It was the scariest day on Wall Street in years." That's how CNN described the Dow dip that took place on February 5. However, the stock market is known for these "dips," and the February 5 dip was not a once-in-a-lifetime event. So how do you help protect yourself...

read more

When Tea for Two Becomes Tea for One…

We recognize that the cost of living is not going down. Yet, retirement plan distribution options often provide a smaller benefit to the surviving spouse. Even our Social Security benefits are reduced to the surviving spouse. So how can you help protect against loss...

read more
Social Security—A Single Life Only Benefit

Social Security—A Single Life Only Benefit

You look into the future. You picture yourselves as a couple who has worked together, accumulated your assets together, and combined your incomes to create your lifestyle for your “golden years.” It’s been a productive life and you live within your means. It appears...

read more
When Term Insurance Is Your Choice

When Term Insurance Is Your Choice

Term insurance is easy to understand. You pay the premiums and you have life insurance . . . no bells, no whistles. However, term products can differ. So it pays to compare different term products to your personal financial objectives.

read more
The Dow Dips

The Dow Dips

"It was the scariest day on Wall Street in years." That's how CNN described the Dow dip that took place on February 5. However, the stock market is known for these "dips," and the February 5 dip was not a once-in-a-lifetime event. So how do you help protect yourself...

read more
When Tea for Two Becomes Tea for One…

When Tea for Two Becomes Tea for One…

We recognize that the cost of living is not going down. Yet, retirement plan distribution options often provide a smaller benefit to the surviving spouse. Even our Social Security benefits are reduced to the surviving spouse. So how can you help protect against loss...

read more

Pin It on Pinterest

Share This