The Standard provides PSCI employees and plan members with a series of Retirement on the Brain materials designed to help improve retirement readiness and answer questions related to a range of financial and retirement-related topics. New content is added monthly, so plan to check back next month for more Retirement on the Brain information.
Learn the Basics of the Financial Markets
What are “the Markets”?
Why does everyone follow the Dow? How do mutual funds work? When you’re putting away some of your hard-earned cash for retirement, it’s helpful to know the answers to these questions, along with other information on how the financial world functions.
Watch this short video or download the flyer to help you understand:
- The U.S. investment markets
- The Dow and other market indexes
- Investment categories
- Timing the market
- Time in the market
Diagnose Your Debt and Make Saving for the Future Easier
Is debt keeping you from saving for retirement?
Then take a look at these Financial Health Checkup resources.
Watch the Financial Health Checkup video to learn about remedies to better manage debt and make it easier to save for the future:
Download the Financial Health Checkup flyer and worksheet to figure out your debt-to-income ratio, an important measure of your financial health.
After you’ve set up a plan to manage your debt, start saving by enrolling in your retirement plan or increasing your current contribution. Go to https://www.standard.com/retirement
Got Student Loan Debt? Don’t Forget to Save for Retirement
When you have student loan debt and want to save for the future, what’s your best move? Should you pay down your loans early, or save a little extra for retirement? In most cases, putting money into your retirement plan – even a small amount each month – should be part of your game plan.
Watch the Got Student Loan Debt? video or download the flyer to learn more about how to meet both of these important financial goals.
Your Retirement Plan: Don’t Pass Up the Perks
Understanding the advantages of your retirement plan is crucial to making wise saving and investing decisions.
Your Retirement Plan explains the basic principles of how your defined contribution plan can be helpful as you look ahead to your future in retirement.
Don’t Overlook Health Care Costs as You Save for Retirement
Pay close attention to saving enough to cover your health care costs when you’re retired. Check out these resources, from The Standard, to help you prepare to stay healthy in retirement.
Watch the Future Wealth and Health video or download the flyer for tips to help you save enough.
It’s never too late to enroll in your retirement plan or increase your current contribution.
The Power of a Budget: Find Money to Save
Saving for retirement can be easy when you connect with The Power of a Budget resources. Watch the video and read the flyer for valuable information about saving for your future.
Watch The Power of a Budget: Find Money to Save for budgeting tips that can give you power over your finances.
Download the The Power of a Budget flyer to learn ways to remove roadblocks to retirement readiness. Take the next step. To enroll in your plan or increase your contribution, go to standard.com/retirement.
Know How Much to Save and Be Ready for Retirement
Here’s a question a lot of employees ask when considering how much to save for retirement:
“How much should I save?”
To answer that question, take a look at these Saving for Tomorrow resources. They’ll help you find a target savings goal, which can help you be more prepared for retirement.
Watch Saving for Tomorrow for an easy way to estimate how much you’ll need to live comfortably in retirement.
Download the Saving for Tomorrow flyer and worksheet to set your target savings goal – the amount you should save each month to meet your retirement goal.
Market Volatility Survival Strategies
If you know anything about the financial markets, you know that they can be volatile.
In order to prepare, and survive, the following video and attached brochure will provide you with:
- Strategies to help cope with market fluctuations
- Planning based on your retirement timeline
- Using diversification to help manage risk
- Mistakes to avoid and why
- Maintaining a long-term perspective
Retirement Planning Life Stages
Saving for retirement should be on your to-do list at every stage of your life and career.
But your needs and priorities change over time – and your saving strategy should, too.
Watch the Retirement Planning Life Stages video to understand the challenges you may be facing now and the actions that make the most sense.
To download information about actions to take now, choose the life stage that fits:
Moving Toward Retirement
Congratulations! You’ve almost reached your retirement destination and now your retirement dreams are close to becoming reality.
So, what will it take to move you smoothly from your working life to retirement? In some cases, the answer may well be a simple but strategic change of focus to help ensure that your savings last through retirement.
This seminar, which targets individuals 55 and older, focuses on estate planning, Social Security, other income sources, and finding ways to make savings last.
Download the Moving Toward Retirement brochure to learn more.
Investing to Match Your Taste
Choosing how to invest in your retirement plan doesn’t have to be hard. Most of your investment choices fall into just three groups that range from low to high risk. They are cash equivalents, bonds and stocks.
Watch the Investment to Match Your Taste video or download the flyer to learn more about matching your investment choices to your appetite for risk.
Ride Out the Ups and Downs
It’s hard not to react when the stock market goes wild. But when you’re focusing on saving for retirement, it’s important to stay calm and ride out the ups and downs.
Follow 3 key strategies to stay on track.
Watch the Ride Out the Ups and Downs video or download the flyer to learn more about market volatility and investing for your retirement.
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