(970) 378-1031

1710 9th Street Greeley, CO 80631

Mon - Fri 9:00 - 5:30 Saturday 11:00 - 1:00

There are general three areas you will be looking to receive benefits in your retirement. They are benefits from pensions you will be receiving, your savings and investments, and Social Security benefits. When it comes to retirement I see the biggest obstacles for most people is that they don’t have a long term plan in place, they wait until they are very close to retirement before starting a plan, or they simply don’t stick to a plan they have developed.

It takes discipline to stick to a plan for retirement. Often the current desire for “stuff” gets in the way of how we will fill our retirement years – The time we want to be able to do WHAT we want WHEN we want. Gone are the times when you could expect to retire at age 65 and live a “decent” lifestyle and have Social Security as your main source of income.

Many people are working into their 60’s, 70’s, and even into their 80’s because they need to – Not because they want to. According to the Social Security Administration 56 percent of American workers (80 percent of those making over $20,000) could expect to have an employer provided pension back in 1983. Currently the U.S. Bureau of Labor Statistics estimates that approximately 25 percent of workers have a pension. The burden has shifted from the employer to the employee to provide for their retirement.

Then throw into the mix all the things unknown: Medical Expenses, Long-Term Care, continued ability to work, unemployment, emergencies, economic changes, rising costs, and whatever else may come up! The need to plan has never been greater. What is the answer? Be proactive about your future! If you don’t know where to start then call 970-378-1031 today to receive more information or contact your local Transnet Financial Group representative if you have additional questions.