The importance of retirement planning can't be overstated. And it's different for everyone. It all begins with setting clearly defined goals and putting together a plan to achieve those goals.

Most people concentrate on when they want to retire. But a more important factor to consider is how you will be able to retire. No matter what stage of life you're in—whether you're years from retirement or fast approaching your retirement date—or even if you're already retired, you should have a retirement income plan in place that meets your goals.

Social Security is great, but don't rely solely on it. Take action yourself. One of the best and easiest ways you can save for retirement is to participate in your employer's retirement plan. But, there are other things you can do too.

Individual Retirement Accounts (IRAs) offer tax advantages and can be an excellent way to put aside money for retirement. Most wage earners and self-employed individuals are eligible to open an IRA. The three types of IRAs are shown on the right.

Click here for information about deposit IRAs. For other retirement options and how they fit into your overall financial plan, contact your LGFCU Financial Planners at 877.367.5428 or

Feedback Form