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 Steve Purdy
CLU, ChFC, CLTC
President
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90 Whitewood Road • Suite 5 • Charlottesville, VA 22901
(434) 979-7588 • Fax (434) 979-7580
Email: steve.purdy@innovativeinsure.com
www.innovativeinsure.com
Terry Addington, Customer Service Rep.
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Up Front, Quick Hits, and Snap Shots
49%: Percentage of American workers who are "somewhat" or "very" confident in having enough money to live comfortably throughout retirement.
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A Calculated Look at Retirement
Only 42% of workers have completed a retirement-needs calculation, but those who have are more likely to be confident about accumulating the savings they will need than are those who haven’t projected their needs.
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Tracking the Rise of Target-Date Funds
Target-date funds (also called lifecycle funds) have become increasingly popular in recent years, especially in employer-sponsored retirement plans.
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GDP: Measuring the Economy
If you’ve been listening to the news over the past few years, you’ve probably heard a lot about gross domestic product (GDP) in relation to the Great Recession and the economic recovery. When GDP falls for an extended period, it may signal the beginning of tough economic times. Conversely, a rising GDP may indicate an improving economy and the potential for better times.
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The information contained in this
newsletter is not intended as tax or legal advice, and it may not be relied on for the
purpose of
avoiding any federal tax penalties. You are encouraged to seek tax or legal
advice from an independent professional advisor.
The content is derived from sources
believed to be accurate. Neither the information presented nor any opinion expressed
constitutes a solicitation for the purchase or sale of any security. This material was written
and prepared by Emerald.
Copyright 2012 Emerald Connect, Inc.
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*Securities offered through American Portfolios Financial Services, Inc. Member FINRA, SIPC, MSRB
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