Western Staff and Leaders' ConferenceWestern University

My Money: Am I Saving Enough?

Image: Piggy bankPresented by: Bekki Ollson & Cara Bourdeau, Pension and Benefits Consultants, Western Human Resources

Thurs. Feb. 20th, 2:45pm - 4:00pm
UCC 146

You may have wondered: "How much do I need for my retirement and am I saving enough?"  The answer, as you might expect, is: "It depends." We each have a different lifestyle we hope to maintain in retirement, and a different span of time before we get there.

Government pension programs provide a common foundation while our Western pension plan and personal savings are more unique. The financial industry often quotes 70% as an ideal income to replace in retirement. Find out if this is the right target for you, what assumptions you should use, and how to determine your own ratio.

No matter where you are at in your journey, Bekki and Cara will show you how to use your current budget to determine how much you'll need in retirement and the ways to save to get you there.