retirement

Late to the Retirement Savings Game? [Infographic]
Team SummitBudgeting & Debt, Employee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
With a little planning and a commitment to saving, it’s never too late to get ahead. Here’s how:   No retirement plan can ever work if you spend everything you make. While it may seem like a sacrifice now, trimming anything out of your budget that isn’t a necessity will free up money to bankroll  Read More →
When Should I Take Social Security Benefits?
Team SummitEmployee Financial Resource Center, Financial Planning, Retirement PlanningComments are off for this post
Before deciding when to begin taking Social Security, consider these factors: Other sources of income. Work with your retirement plan consultant to evaluate the tradeoffs involved in taking your Social Security benefits earlier (and letting other assets grow untouched for a longer period) vs. dipping into retirement assets immediately and deferring your Social Security benefits.  Read More →
Women in Retirement: 60 Percent Not Saving Enough
Team SummitEmployee Outcomes, Employer Resource CenterComments are off for this post
In November 2016, the Texas Conference for Women surveyed attendees about their retirement savings and found that almost a whopping 60 percent weren’t socking away enough. In fact, many weren’t even sure if they were going in the right direction. One person responded, “I don’t know if I’m on track, and that’s the worst part.”  Read More →

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