Employers can help improve retirement readiness, so workers retire on time.
More workers are planning to retire at 70—or never. This could impact your workplace. What’s holding them back?
- High savings goals
- Debt and other financial stressors
- Healthcare concerns
- Anxiety about leaving work
The good news? You can help them feel more ready for retirement by providing helpful education, promoting catch-up savings options, sharing practical healthcare strategies, and offering phased retirement options.
Let’s chat if you’d like to talk more!
Frank P. Zocco, Jr., CFP®, AIF®, CRPS®
Partner
Jacobs Financial Partners, LLC
95 Glastonbury Blvd, Suite 210
Glastonbury, CT 06033
(860) 657-8757
www.JacobsFinancialPartners.com
Frank@jacobsfinancialpartners.com
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Distributions from traditional IRA's and employer sponsored retirement plans are taxed as ordinary income and, if taken prior to reaching age 59 ½, may be subject to an additional 10% IRS tax penalty. All investing involves risk, including the possible loss of principal. There is no assurance that any investment strategy will be successful. For a comprehensive review of your personal situation, always consult with a tax or legal advisor. Neither Cetera Advisor Networks LLC nor any of its representatives may give legal or tax advice.
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