Increase Investment Literacy to Prepare for a Long Retirement

Increase Your Investment Literacy to Prepare for a Long Retirement

Mujer mayor mirando a la pantalla de una computadora

Saving for retirement is a huge financial responsibility, and it doesn't end when you collect the last paycheck from your employer. You will need to make sure your retirement investing plan meets your changing needs in the future.

The money you've saved will need to last a while. According to data compiled by the Social Security Administration, a man reaching age 65 today can expect to live, on average, until age 84.3, a woman 86.6.

In retirement, your financial needs may change. Most retirees want their money to last throughout their lives, to keep pace with inflation, and to support their current spending needs.

Investment funds

  • Bond funds are one choice for many retirees because they are managed to generate regular income payments. This money can be used to help fund your retirement spending needs. Bonds generally have less risk than stocks, although they do have some risk.
  • Stock funds are designed for long-term capital appreciation. These are often used to help people save for retirement, and they may make sense for many people after retirement. That's because in the long run, stock funds are better at outperforming inflation than bond funds are. Because the prices of the things you buy are likely to go up while you are retired, you'll want your income to go up, too. Incorporating investments that have the potential for capital appreciation into your retirement investing can help your overall portfolio keep pace with inflation. Keep in mind; all types of investing involve risk, including potential for loss.

Educate yourself

Because investing is a lifelong pursuit, you'll want to learn as much as you can so that you can adapt your investments to your changing life needs. Whether you are currently retired or just hope to be some day, your investments will need your care and attention.

AP2017/04/0215

Divulgaciones

State Farm® (incluyendo State Farm Mutual Automobile Insurance Company y sus subsidiarias y afiliadas) no se hace responsable y no apoya ni aprueba, implícita ni explícitamente, el contenido de ningún sitio de terceros vinculado por hiperenlace con esta página. State Farm no tiene la facultad para modificar, actualizar ni controlar el contenido de los sitios de terceros vinculados por hiperenlace. El acceso a los sitios de terceros queda a riesgo del propio usuario, se proporciona sólo para propósitos informativos y no es una solicitación de compra ni venta de ninguno de los productos a los que pueda hacerse referencia en tales sitios de terceros.

Los valores no están asegurados por la FDIC, no están garantizados por el banco y están sujetos a riesgos de inversión, incluyendo la posible pérdida del principal.

Bonds are subject to interest rate risk and may decline in value due to an increase in interest rates.

Ni State Farm® ni sus agentes proveen asesoría fiscal o legal.

Valores emitidos por State Farm VP Management Corp. Para más información, llama al 1-800-447-4930.