Professional guidance from an advisor can help your employees shape up their retirement account. If you feel you don’t have the time or knowledge to manage your employee's retirement accounts, consider working with a TPE advisor.
Life gets busy – your employees may not have the time or resources to effectively manage retirement on their own. In fact, in a recent study, less than half of the employees surveyed said they had calculated the amount of money they will need to save for a comfortable retirement (Source: 2013 Retirement Confidence Survey, © 2013, Employee Benefit Research Institute.www.ebri.org.) For many employees, their employer sponsored retirement account is likely to be one of their largest sources of income during their retirement years. It makes sense to take good care of the money they're growing – an advisor can help them do just that.
When working with an advisor, they will work with employees to:
- Analyze their current strategy
- Determine retirement goals
- Understand risk tolerance and advise them on what types of investments are appropriate for them
- Develop a specific plan that will help them get on track towards the retirement they envision
The road to retirement can be a complicated journey at times – having a trusted advisor to guide your employees can help them feel more confident that they are making the best decisions for their financial future.
The Road to Retirement: Maximize Your Employee's Retirement
Keep it simple—have employees retire on their terms by knowing their options and maximizing their retirement plan.
Contact us today to discuss strategies for business succession.