Observe National Retirement Security Week: October 16-22

Join RPA in honoring the importance of saving for retirement | October 4, 2016


Observe National Retirement Security Week: October 16-22

Join RPA in honoring the importance of saving for retirement

October 16-22 marks National Retirement Security Week (NRSW) 2016 – a time to raise awareness about the importance of saving for the future, and reflect on our personal retirement goals.

A few points to consider this NRSW:

  • A typical working-age household has $3,000 in retirement account assets; a typical near-retirement household has only $12,000.1
  • Experts tend to agree that today’s retirees should plan on having enough income to last until they are well into their 90s.2
  • Just 28% of retirement plan participants believe they are saving enough for retirement.3

RPA has compiled online resources to help you assess your retirement goals and progress toward them.

Citations.

1 – National Institute on Retirement Security, “The Retirement Savings Crisis: Is It Worse Than We Think?” 2013

2 – NAGDCA, “Improving Retirement Readiness for State and Local Government Employees,” 2014

3 – BlackRock, “Retirement readiness: a work in progress,” 2016