Thinking About Retiring?

There's so much to think about when you are preparing for your retirement. Social Security and Medicare are the obvious, but some very basic questions can become overwhelming.

• Can I afford to retire?
• What will my budget be?
• How will I receive my pension?

These are all great questions and really not so basic. If you are considering retirement in the next couple of years start doing your research now. Transamerica is offering online webinars through nslij.trsretire.com's new link "Getting Ready to Retire?" These 30-minute presentations are provided, free of charge, on the five key areas - lifestyle, investments, healthcare, legacy, and income. All the topics that are critical to a more sustainable plan for retirement.

Get Organized
As knowledge is power, so is being organized. Get your personal information into one valuable document by downloading the "Personal Document Locator" under the "Getting Ready to Retire" tab on the TA site. This 26 page template will allow you to gather important data about your life, such as your loans, credits, financial dealing and contacts.
Your personal contact information about family, friends, and neighbors is also captured in the "Personal Document Locator".

Know Your Plan
Be on the lookout in early April for your next quarterly statement from Transamerica. Reviewing your statement should act as your gentle reminder to be smart about your saving strategy. Take this time to consider increasing your contribution, or allocating your funds to work better for you.
Keep in mind if you are anywhere near your retirement years (50 or over) your limit to your 403(b)/401(k) is 75% of your pay or $24,000.

Visit nslij.trsretire.com and click on the Getting Ready for Retirement blue button, and follow up by requesting a "Retirement Ready" one-on-one or group presentation from your site Transamerica retirement representative - today.