Claudia Newman
Claudia Newman manages the Retirement Education team that helps onboard employees to their Human Interest plan and explains the benefits of a 401(k) plan by offering live training. She has been working in the 401(k) and retirement plan industry in several capacities, including relationship management, sales, and back-office support since 2010.
The importance of setting goals
In less than two minutes, you’ll get a quick overview of how to approach goal setting.
https://player.vimeo.com/video/860347817?badge=0&autopause=0&player_id=0&app_id=58479How much do you need for retirement?
Everyone's situation is different, but some experts say retirees may need to replace 80% of their pre-retirement income to maintain their current lifestyle.
Depending on your circumstances, Social Security may only cover 40%. The rest may need to come from savings or retirement accounts, such as a 401(k).
See it in action
Try it out: The Human Interest Retirement Savings Calculator can help you project your retirement income and answer the following questions:
Will I have enough money saved up when it comes time to retire?
How much monthly income can I expect?
How does adjusting my contributions today change my financial future?
What this lesson means for you
It’s important to start saving now. But it’s equally important to take a step back to predict how much you should save. Here are some resources to help you learn more:
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Claudia NewmanClaudia Newman manages the Retirement Education team that helps onboard employees to their Human Interest plan and explains the benefits of a 401(k) plan by offering live training. She has been working in the 401(k) and retirement plan industry in several capacities, including relationship management, sales, and back-office support since 2010.
