When you're building a house, a deck or even hanging a picture, measuring incorrectly can cost you time, materials and money. However when it comes to your retirement inaccurately measuring or estimating your future retirement income needs can cost you a whole lot more. October is National Retirement Security Month and throughout the month we are going to provide you with information on how you can measure twice, retire once. Information such as how the calculators found on modeferredcomp.org can help you estimate the amount of income you may have in retirement and how much you may need to be saving throughout your career to fill your income gap. We'll also share details on ways you can automate your savings with deferred comp and how working with a financial professional like MO Deferred Comp's financial education professionals can help you make smarter financial decisions. Remember everything you do now will affect your retirement income in the future. Don't cut corners, try to make smart financial decisions daily and save and invest throughout your career so you can enjoy the fruits of your labor later on in retirement.
