Retirement Plan Services Newsletter

Are You On Track for Retirement?

Aim to Have Saved(x) Times Your Salary

10 12 14

12x

10x

8x

2 4 6 8

6x

4x

2x

0.5x 1x

0

30 35 40 45 50 Age

55 60 65

Source: T. Rowe Price

With proper planning, you can get there. Here’s our checklist to make sure your 401(k) retirement plan serves your financial needs. 401(k) Retirement Planning Checklist • Increase my contribution rate by 1% each year • Check on my investments and make adjustments for the long-term • Update my beneficiary designation • Reach out to Hills Bank Retirement Plan Services if I have any questions: (319) 338-1522

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