Saving for retirement
How much do I need to save for retirement?
The most important factor in determining how much you need to retire is whether you’ll have enough money to create the income you need to support your desired quality of life after you retire.
The $16,000 Cup of Coffee
By saving just a few extra dollars every week, you could significantly increase your retirement savings. Saving just $4 weekly, or the cost of a cup of gourmet coffee over the course of 25 years can boost your retirement savings by $16,608. Saving these few extra dollars is easy when you think of it in these terms.
Important steps to remember
- Contribute what you can and increase it over time
- Choose investments that align with your goals.
- Make a plan and stick with it.
The Pentegra 403(b) Advantage
Save for Retirement – Tax Deferred
Pentegra offers employees of Texas A&M University the opportunity to save for retirement, tax deferred. Enjoy the ease of a single, flexible solution for personalized retirement investing with the confidence that comes with unlimited, unbiased fund options and objective advice.
- Choice of Advisor – Pentegra partners with local, independent, registered investment advisors.
- Ultimate Fund Flexibility – Our platform provides access to over 30,000 mutual funds.
- Cost – No hidden charges, surrender fees or penalties.
View the Pentegra flier.