Feb. 25 - March 1 is Washington Saves Week

Posted 25-Feb-2013

Are you as Smart as a Retiree?

Find out During Washington Saves Week, Feb. 25 – March 1

How did that guy who works in customer service put enough money aside to retire comfortably? Was he born with great “retirement genes?” Does it take a special skill? Have you ever wondered how the ones who did it right, got it done?

During Washington Saves Week 2013, you’re invited to drop by the DRS website to learn how to become as smart as those retirees you know or have read about. From Feb. 25 – 28 you’re invited to watch fun videos on the DRS website that will show you ways to maximize your retirement savings while reducing your taxes. At the end of the week on March 1, use what you learned all week to play Are you as Smart as a Retiree?

Did You Know?

  • Fewer than 50% of Americans say they have a savings plan with specific goals.
  • Only 66% of Americans spend less than their income and save the difference.
  • Only 66% of America have sufficient emergency funds for unexpected expenses like car repairs or a doctor’s visit.
  • Finances are employees’ #1 cause of stress, which leads to higher health care costs for organizations and negatively impacts employee productivity and morale.
  • Employees who learn how to effectively manage their benefits are more empowered, more engaged, and more satisfied with their compensation, benefits, and overall jobs.

Washington Saves Week is an opportunity for you to learn good savings behavior and assess your plans for saving. Make this the year you put a plan together or renew your retirement savings goals.

If you’re a public employee and haven’t yet looked into the Deferred Compensation Program (DCP) to supplement your retirement savings – you should. Watch this short video to hear what folks are saying about the program.

Contact DCP today for more information: 888-327-5596 or www.drs.wa.gov/dcp