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The Importance of Retirement Planning

Retirement may seem like a far-off concept, which is why so many people put off retirement planning until it’s too late. To be successful in putting together a retirement strategy, you must carefully plan for the lifestyle you want. Here are some tips to help you live more comfortably in your retirement years.

  • Start Early. If you start planning early, you’ll have more time to save which means more money in the long run. Saving will also be easier because you’re able to put away smaller amounts instead of contributing large chunks of money to make up for lost time.
  • Be Consistent. Regular contributions are important to grow your savings. Even if you’re struggling to make ends meet, take another look at your budget with retirement savings as a priority. By shifting things around, you may find that you have extra money to contribute after all.
  • Don’t Forget About Debt. Unfortunately, debt doesn’t magically disappear when you retire. If you have any loans, see if you can pay them off before you retire so you can use your retirement fund for the things you really want.

If you’re looking for more guidance, an online calculator can help you determine a savings plan. Or you can talk with a financial advisor who can help you make the most of your retirement plan.

All trademarks, service marks and trade names referenced in this material are official trademarks and the property of their respective owners. Associated Bank, N.A. Member FDIC.

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All trademarks, service marks and trade names referenced in this material are the property of their respective owners.

Deposit and loan products are offered by Associated Bank, N.A. Loan products are subject to credit approval and involve interest and other costs. Please ask about detail on fees and terms and conditions of these products. Property insurance and flood insurance, if applicable, will be required on collateral.

Non-deposit investment products, insurance, and securities are NOT deposits or obligations of, insured or guaranteed by Associated Bank, N.A. or any bank or affiliate, are NOT insured by the FDIC or any agency of the United States, and involve INVESTMENT RISK, including POSSIBLE LOSS OF VALUE. Associated Banc-Corp and its affiliates do not give tax or legal advice. Consult with your tax and/or legal advisor for information specific to your situation.