Orientation

What is a Retirement FairWhy provide Retirement Fairs to Staff & MembersHow do they workWhat will you be doing

Most Americans don’t know:

what type of retirement lifestyle they should aim for in retirementhow much it will cost to sustain their lifestyle goalsif they are currently saving enough to fund their desired lifestyleAt what age they will be able to afford to retire

“Four out of five Americans are still not adequately prepared to meet their needs in

retirement”

Aon Hewitt Consulting

49% of Americans say they aren’t contributing to any retirement plan.

LIMRA (A worldwide association of insurance and financial services companies)

Route Your Retirement…..

“…is an experiential learning program, which helps existing and potential

credit union members learn how to better prepare for their retirement.”

How will the fair work?

Phase 1 The OrientationPhase 2 - Examining and choosing retirement lifestyle goals and assessing the likely cost of those choices Phase 3 - Discussing issues around funding

lifestyle choices such as retirement savings, social security and taxation

Lifestyle Booths

Lifestyle Worksheet

Remember!

Visit every boothYou can visit booths in any orderAssess your expenses for each lifestyle aspect and write your numbers on your worksheetYour numbers don’t have to add up to 100When you have visited every booth, move to the presentation area

Linking Lifestyle Choices to Retirement Savings

• How much will you need to have saved to fund your lifestyle choices?

• How can you see whether you are on track to achieve your savings goals?

• How much can you expect to receive from social security and when?

• How much tax will you pay in retirement?