Conducting a review of your retirement goals and strategies is an ideal way to ensure that your plans for your financial future remain realistic and on track. This can be done in four easy steps:
Step 1: Review Your Retirement Goals
Your first step should be to review your retirement savings goals and assess whether anything significant has occurred that might affect either your outlook for retirement or your current strategies to prepare for it.
Step 2: Take a Fresh Look at Your Retirement Strategies
Your portfolio's specific mix of stocks, bonds, and cash, known as your asset allocation, should complement your financial goals, risk tolerance and timeframe. If you have not taken a look at your investments in a while, don't assume that your old asset allocation is still appropriate for your current needs.
Step 3: Consider Saving More
None of us know what the future may hold. A good way to improve the odds that you have saved enough for retirement is to save more, no matter how prepared you may already be.
Step 4: Consult with a Financial Representative
Conducting a retirement review with a Financial Representative is always a great idea. You can discuss what else you can do to help pursue retirement independence.
Member Investment Services, located at DuPont Community Credit Union, would like to offer its assistance with your retirement review. Please schedule a free appointment by emailing us at firstname.lastname@example.org or calling 540.946.3200.
Asset allocation does not ensure a profit or protect against a loss.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. DuPont Community Credit Union (DCCU) and Member Investment Services (MIS) are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using MIS, and may also be employees of DCCU. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, DCCU or MIS. Securities and insurance offered through LPL or its affiliates are: