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Celebrate the future with National Retirement Security Week starting on October 20! It's never too early or too late to start thinking about investing in your future. This essential observance began in 2006 when the U.S. Senate recognized the importance of increasing public awareness of the financial necessities of a secure retirement. National Retirement Security Week highlights the importance of comprehensive retirement planning, encouraging individuals of all ages to save and take control of their financial future. Join us in fostering a brighter, worry-free tomorrow! Start planning today - your future self will thank you!
<div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1935</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Social Security Act</div><div class='timeline-text'>The U.S. Social Security Act was signed into law by President Franklin D. Roosevelt, providing retirement income for elderly Americans.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1960</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Birth of the 401(k)</div><div class='timeline-text'>The creation of the 401(k) plan fundamentally transformed retirement savings in America, providing a tax-deferred means to accumulate wealth for retirement.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>1975</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Rise of the IRA</div><div class='timeline-text'>Individual Retirement Accounts (IRAs) were introduced to the public, offering another important vehicle for individuals to save for retirement.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>2006</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>National Retirement Security Week Initiated</div><div class='timeline-text'>The U.S. Senate approved the first National Retirement Security Week, aiming to increase public awareness of the importance of retirement savings.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>2010</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Introduction of MyRA</div><div class='timeline-text'>The U.S. Treasury introduced MyRA, a simple, secure and affordable retirement account for individuals lacking access to an employer-sponsored plan.</div></div></div><div class='timeline-item'><div class='timeline-left'><div class='timeline-date-text'>2020</div></div><div class='timeline-center'></div><div class='timeline-right'><div class='timeline-text timeline-text-title'>Increased Influence of Digital Tools</div><div class='timeline-text'>Increased use of digital tools and platforms, like robo-advisors, transformed how individuals save, invest, and plan for retirement.</div></div></div>
<div class='facts-item'><div class='facts-header'><h3 class='facts-number'>1</h3></div><div class='facts-text-wrapper'><h3 class='facts-title'>Schedule a financial planning session</h3><p class='facts-text'>Start the week by setting up a meeting with a financial adviser. Discuss your retirement goals and create a plan that suits your lifestyle and future needs. This could involve adjusting your savings plan, redistributing your investments, or fine-tuning your budget.</p></div></div><div class='facts-item'><div class='facts-header'><h3 class='facts-number'>2</h3></div><div class='facts-text-wrapper'><h3 class='facts-title'>Organize a lecture or workshop</h3><p class='facts-text'>Increase awareness of retirement security by organizing a retirement planning lecture, workshop, or webinar. Reach out to financial experts to share their tips and experiences to help people understand the importance of investing for their future.</p></div></div><div class='facts-item'><div class='facts-header'><h3 class='facts-number'>3</h3></div><div class='facts-text-wrapper'><h3 class='facts-title'>Write a financial journal</h3><p class='facts-text'>Start a habit of journaling about your financial goals. Make note of your investment plans, your savings goals, and how you plan on getting there. This can be an excellent way to stay on track and motivate yourself to save more for retirement.</p></div></div><div class='facts-item'><div class='facts-header'><h3 class='facts-number'>4</h3></div><div class='facts-text-wrapper'><h3 class='facts-title'>Host a retirement party – for the future</h3><p class='facts-text'>Celebrate your future retirement! Hosting a retirement party will not only make retirement look more appealing, it will also let you think about what you'd like your life to look like when you retire. It’s always fun to have something to look forward to!</p></div></div><div class='facts-item'><div class='facts-header'><h3 class='facts-number'>5</h3></div><div class='facts-text-wrapper'><h3 class='facts-title'>Start an investment group</h3><p class='facts-text'>Gather a group of friends or colleagues and form an investment group. Meet periodically to discuss saving and investing strategies, share financial tips and news, and offer mutual motivation to achieve your retirement goals.</p></div></div>
<div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>A</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Encourages Planning for the Future</h3><p id='' class='whywelove-text'>National Retirement Security Week is a great reminder to everyone about the importance of planning for our future. We love this week because it encourages us to start setting our retirement goals, to organize our finances, and to begin investing in our future.</p></div></div><div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>B</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Promotes Financial Education</h3><p id='' class='whywelove-text'>This week is not only about planning but also about learning. We love the idea of organizing lectures and workshops that can increase public awareness about financial security in retirement. This provides an excellent opportunity to learn from experts and to gain new insights on how to secure and manage our finances.</p></div></div><div id='' class='whywelove-item'><div id='' class='whywelove-letter-cont'><div class='whywelove-letter'>C</div></div><div id='why-we-love-main-cont'><h3 id='' class='whywelove-title'>Fosters Community and Camaraderie</h3><p id='' class='whywelove-text'>National Retirement Security Week is also about community building. We love the idea of starting investment groups with friends or colleagues and hosting a future retirement party. It's wonderful to have people to share in the journey and to motivate each other towards achieving our retirement goals. In this week, investing in the future becomes a shared activity rather than an isolated endeavor.</p></div></div>
<div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>1</p></div><div class='facts-core-content'><h3 class='facts-title'>Retirement Savings Can Start with Just a Small Amount</h3><p class='facts-content'>Even starting with a small amount can make a big difference over time, thanks to the power of compound interest. Even saving a small percentage of your income can accumulate into substantial savings by the time you retire.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>2</p></div><div class='facts-core-content'><h3 class='facts-title'>Retirement Accounts Offer Significant Tax Advantages</h3><p class='facts-content'>Most retirement accounts, such as 401(k)s and IRAs, offer significant tax advantages. Contributions often reduce your taxable income in the year you make them, and earnings on investments within the account can grow tax-free until withdrawal.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>3</p></div><div class='facts-core-content'><h3 class='facts-title'>Social Security Will Likely Not Be Enough</h3><p class='facts-content'>Social Security is only meant to replace about 40% of your pre-retirement income. Most financial advisors recommend aiming for about 70% to 80%, meaning additional savings and investments are necessary for a comfortable retirement.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>4</p></div><div class='facts-core-content'><h3 class='facts-title'>Longer Life Expectancies Mean Longer Retirements</h3><p class='facts-content'>As medical advancements continue to increase life expectancy, individuals may be retired for 20-30 years or more. This long timeframe makes proper retirement planning even more important to ensure your savings can last for your lifetime.</p></div></div><div class='facts-item'><div class='facts-number-wrapper'><p class='facts-number'>5</p></div><div class='facts-core-content'><h3 class='facts-title'>Inflation Can Erode Your Savings</h3><p class='facts-content'>Inflation can significantly reduce the purchasing power of your money over time. Planning for inflation is an important component of retirement planning to ensure that you can maintain your desired lifestyle after retirement.</p></div></div>
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