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FARMINGDALE PUBLIC LIBRARY

Newsletter Topic of the Month

November/December 2016

TOP 10 WAYS TO PREPARE FOR RETIREMENT

Financial security in retirement doesn't just happen. It takes planning and commitment and money.

Fewer than half of Americans have calculated how much they need to save for retirement

In 2014, 30 percent of private industry workers with access to a defined contribution plan (such as a 401k plan) did not participate.

Average American spends roughly 20 years in retirement.

This info has been published by Employee Benefits Security Administration, US Dept. of Labor.

To learn about this topic, go to askebsa.dol.gov. Click on "Taking Mystery Out of Retirement Planning". Scroll to "Retirement Planning & General Retirement Issues", then click on "Top 10 Ways to Prepare for Retirement". You can also obtain a copy by visiting us at library on Tuesdays, Wednesdays or Thursdays, 10am-12 noon.