General

Saving for Retirement and a Child’s Education at the Same Time

You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? The truth is, saving for your retirement and your child’s education at the same time can be a challenge. But take heart – you may be able to reach both goals if you make some smart choices now.

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Broadridge Investor Communication Solutions, Inc does not provide investment, tax, legal, or retirement advice or recommendations. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written to be used, and cannot be used, by a taxpayer for the purpose of avoiding penalties that may be imposed by law. Each taxpayer should seek independent advice from a tax professional based on his or her individual circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable – we cannot assure the accuracy or completeness of these materials. The information in these materials may change at any time and without notice.

Income for Life: Guaranteeing retirement income to last a lifetime – March 30th at 6:00pm CST

Reserve your virtual seat (Link to WebEx registration)

You have retirement goals and plans for your future. Without a regular paycheck to count on, achieving a steady stream of retirement income will be an important part of the road ahead. Will Social Security be enough? What about your 401(k)?

Here’s an opportunity to attend a valuable virtual seminar on this important topic, at no cost and no obligation.

Join us for a virtual session that can help you set your financial direction and answer more of your questions:

• What sources of retirement income will you rely on?
• What retirement risks do you face now that you’re drawing on their savings?
• Which income strategies should you consider?
• How can you use annuities to guarantee income for life?

Space is limited so please make your reservations today. If you have questions, contact Donald Harper at 713.244.1260 with any questions about the seminar, or by email at donald.harper@cunamutual.com.

This workshop is educational only and is not investment advice. If you need advice regarding your financial goals and investment needs, contact a financial advisor. All guarantees are based on the claims-paying ability of the issuer. CUNA Mutual Group is the marketing name for CUNA Mutual Holding Company, a mutual insurance holding company, its subsidiaries and affiliates. Annuities are issued by CMFG Life Insurance Company (CMFG Life) and MEMBERS Life Insurance Company (MEMBERS Life) and distributed by their affiliate, CUNA Brokerage Services, Inc., member FINRA/SIPC, a registered broker/dealer and investment advisor, 2000 Heritage Way, Waverly, IA 50677. CMFG Life and MEMBERS Life are stock insurance companies. MEMBERS® is a registered trademark of CMFG Life. Investment and insurance products are not federally insured, may involve investment risk, may lose value and are not obligations of or guaranteed by any depository or lending institution. All contracts and forms may vary by state, and may not be available in all states or through all broker/dealers. Asset allocation and diversification do not guarantee a profit or prevent a loss. See your prospectus for details about your investment options and refer to the fund prospectus for information on specific investment objectives. Variable annuities are sold by prospectus only. You can obtain a prospectus by contacting your financial advisor or the insurance company. Read it carefully.

©2020 CUNA Mutual Group     MGA-3055032.1-0420-0522

Financial professionals go by many names: personal financial advisor, investment consultant, financial planner, financial coach…you can probably come up with at least a few more. Their varying backgrounds and credentials come with different designations and titles. And there are at least as many reasons to work with a financial professional as there are ways to call them.

Whether you want guidance for retirement planning, insurance, or savings and investment goals, you want your money to do more for you and don’t know where to start, or you’re in need of a third-party expert’s objectivity to help you plan, the financial professional located right here at your credit union can help.

Six Reasons to Work with a Financial Professional

Let’s be honest: life can be complicated. Most hardworking folks have enough to think about before even considering their long-term financial goals. That’s why a financial professional can be such a great help. An experienced professional can help you understand your own financial situation, plan ahead, set up long-term saving and investment goals, monitor your progress, and make adjustments to stay on course.

1. You could use help achieving your financial goals. Maybe you’re clear about where you would like to be financially – whether that means managing debit, increasing your emergency savings, building assets, protecting your family’s financial well-being, planning for retirement or investing – but you haven’t yet been able to achieve those goals.
2. You want your money to work a little (or a lot) harder. Financial advice and planning is not solely for high-wealth individuals. Sound advice can help you make wise choices and get closer to your individual vision of the good life.
3. You’re facing a financial milestone. Major life events are also major money events: marriage or divorce, starting a family, buying a home, saving for college or retirement, or losing a spouse can all have profound effects on your financial life.
4. Your emotions are getting in the way. Financial decisions can be emotionally fraught, especially when they involve relationships and, potentially, conflict. The objectivity of a financial professional can help you keep a clear head when making important decisions about your money and your future.
5. You don’t have time. It takes time to build, update, and manage a financial plan. It takes time to stay abreast of changes that can affect your outcomes and influence your decisions. Working with a financial professional can help you save time.
6. You recognize the limits of your own financial expertise. There’s good reason to call in experts when we have questions, such as mechanics for cars and doctors for our health. An experienced, impartial financial professional will work to understand your individual needs and recommend solutions.

What Can a Financial Professional Do for You?

You don’t need to wait for a windfall – or worse, a money crisis – to benefit from professional financial advice. When people think of a financial professional, they often envision someone who serves only high-wealth clients; fortunately, the professional at your credit union is experienced, prepared and happy to work with all members to meet their individual financial needs today and tomorrow.

Maybe today you need help creating a plan to pay down your debt and grow your savings. Down the line, you might be looking for the right investment vehicle for an inheritance or monetary gift. Both now and then, you have plenty to gain from the expertise of a trusted professional, available to you right at your credit union.

The financial professional at your credit union can offer guidance on a variety of products and ways to help you navigate your own financial journey. These may include:

• Retirement savings, including 401 (s) rollovers, individual retirement accounts (IRAs), Roth IRAs and more;
• Holistic financial management for building net worth and creating income from assets
• Life, disability, and long-term care insurance to provide financial protection for you and your family
• Goal-setting and saving for education or long-term care
• Custom investment management
• Stocks, bonds, mutual funds and annuities

The financial professional located at your credit union not only has access to a great range of investment and insurance products geared toward helping you achieve your goals; they’re also knowledgeable about different product’s risks and benefits. They can help you evaluate options to determine your own comfort zone in terms of risk and potential return, and then help you create and carry out your own personalized plan for managing debt, savings, insurance, retirement planning and investing.

Why Have Confidence in a Financial Professional at Your Credit Union?

Credit unions are mission-based, cooperative organizations focused on serving the needs of their members, rather than answering to outside shareholders. That means the financial professional at your local branch looks for investment products tailored to meet your needs, rather than pushing investment vehicles and programs that focus on profits through expensive fees, or put your money at greater risk than you’re comfortable with.

Your credit union membership means you’re part of a financial community. Here, you’re served by a professional who truly cares about you as an individual. You’re much more than a number or a portfolio. The financial professional located in our branch is here expressly to serve your best interests.

The financial professional at your credit union is here to help you manage debt, build assets, save for education and retirement, invest to build wealth, and more.

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