Date and Time
–
10/30/2024
Length
1 hour
Description
Retirement may seem far off, but the earlier you start planning, the more comfortable your future will be. Join us for our workshop designed to help you understand how to effectively save for retirement. With expert insights from Penny Forward board members Kane and Cody, you’ll walk away with practical strategies to start or enhance your retirement planning today.
What to Expect
Introduction (10 minutes)
- The importance of starting early and understanding different retirement savings options.
- Ice breaker: When do you want to retire?
Main Topic (45 minutes)
- Retirement Accounts: Overview of 401(k)s, IRAs, and Roth IRAs.
- Employer Matching: How employer contributions work and why you should take advantage of them.
- Compound Interest: How it can grow your retirement savings over time.
- Retirement Planning: Setting savings goals based on future income needs.
- Catch-Up Contributions: For those nearing retirement, how to maximize contributions.
Wrap Up (5 minutes)
- Questions from the audience.
- Penny Forward Updates.
- Members share their feedback.
- Next workshop’s topic.
Whether you’re just starting to think about retirement or looking for ways to improve your savings strategy, this workshop will provide valuable insights to help you take control of your financial future. Don’t miss the chance to learn from Penny Forward board members Kane and Cody, who will share their expertise on retirement savings and planning.
Join the discussion