1. Managing In Tough Times “Bits & Tips” Retirement

2. Changing Economic Conditions 3 strategies to build your nest egg – Identify your Retirement Goals – Automate your Retirement Savings – Work Longer

3. Retirement Goals Make a list of your retirement income sources. Make a list of your current expenses. Make a retirement spending plan based on anticipated income and expenses. Retirees need 70 to 80% of their current income to cover retirement expenses.

4. Automate Retirement Savings Savings can be built by automating a certain portion of your paycheck into a retirement savings or investment account. Provides consistency every month.

5. Work Longer Work longer at your current job or retire and seek a part-time job. With retirement income from current employer, you may be able to work less hours, for a lower wage at a part-time job and still provide adequate income for yourself.