Article provided by Security Benefit, the provider of the NEA Retirement Program
Saving for your retirement is a lifelong journey. To reach your savings peak, equip yourself with the right resources to keep pace with changing conditions throughout your career.
Early Career
Put retirement savings first; homes, cars and even college tuition can all be financed with loans — retirement can’t. Payroll deductions make it easy and contribution amounts can be adjusted at any time.
Mid-Career
Increase your retirement plan contributions by a percentage or two each year in conjunction with any raises you may receive. Review your portfolio annually to assess allocations based on your own personal level of risk and evolving circumstances.
Late Career
Research tax rates and living expenses in your desired retirement location.
Beginning at age 50, make catch-up contributions. Explore converting your retirement
savings into a program that will protect your assets as you near your
retirement date.