National Save for Retirement Week tip
October 22, 2014
As part of National Save for Retirement Week, Human Resources is providing a tips to help faculty and staff increase their knowledge about retirement planning and take advantage of the services available to them through Purdue's retirement partner, Fidelity.
Today's tip: A little goes a long way. If you want to make a difference in your retirement savings, you can. If you haven't made 403(b) or 457(b) voluntary contributions before, start out with 1 percent. If you're already contributing, increase your Purdue University 403(b) or 457(b) voluntary savings contribution by just 1 percent. You likely won't have to make drastic lifestyle changes, and you may not even notice the change in your paycheck. But you'll definitely notice the impact on your financial future. To find out what saving even 1 percent more could do for you, schedule an appointment with a Fidelity workplace planning and guidance consultant (in Purdue Memorial Union) at 800-642-7131 or register online at http://plan.fidelity.com/purdue.
