Is Retiring Comfortably in Your Future?
Feb 19 2009
While nearly half of U.S. servicemembers are confident about their ability to retire comfortably, 22 percent are unaware of the Thrift Savings Plan (TSP) – the federal government’s equivalent of a 401(k) plan – according to a new survey funded by the Financial Industry Regulatory Authority (FINRA) Investor Education Foundation.
The Military Financial Confidence Survey (MFCS) – conducted by the FINRA Foundation in cooperation with the Employee Benefit Research Institute® (EBRI) and Mathew Greenwald & Associates – shows that 47 percent of servicemembers report feeling either very confident or somewhat confident about their ability to retire comfortably.
You can also visit MOAA’s Retirement Planning resource page for great tools and tips!
