WRS News Online

Supplement Your Retirement with WDC

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According to a national survey of American workers on retirement confidence, only 21% of Americans said they were "very confident" they could retire comfortably. What about you - are you on track to reach your retirement income goals? How can you be sure?

One way to reach your retirement income goals is to take advantage of the Wisconsin Deferred Compensation (WDC) 457(b) Program. This supplemental savings plan is an easy, inexpensive way to save for retirement via paycheck deferrals. Both traditional (pre-tax) and Roth (post-tax) options are available.

The WDC offers a free retirement readiness review that can help you determine how much you might need to save to reliably replace - for life - the income you made while working. This retirement readiness review, either with a counselor or online, will take into consideration any pensions, current retirement assets, as well as a Social Security estimate to determine if you are on track to meet your retirement income needs.

To schedule a retirement readiness review with a WDC counselor in your area, go to the WDC website, www.wdc457.org, and click on "Schedule a Meeting". You can also call 1-877-457-9327.