Bank like a financial pro with the Alliant mobile app. Make payments, deposit checks, manage cards and so much more.
Renovate your kitchen, pay off high-interest debt, or have access to emergency funds when you need it with an Alliant Home Equity Line of Credit.
Browse new and used vehicle inventory, and qualify for a rate discount when you buy!81
Separate each of your savings goals into an Alliant Supplemental Savings Account so you can visualize your progress.
Discover how an award-winning banking experience could be your next little win.
Logo courtesy of CNBC
By Pam Leibfried
This is part 5 in our five-part series on saving for retirement at any age.
If you’re in your sixties, thoughts and dreams of your retirement are likely to be frequent. You may already have a solid financial plan that takes into account your income needs, your expected retirement date, your likely Social Security income and the income you can expect from your other retirement savings accounts. If you don’t already have a plan, you should make one sooner rather than later, as your retirement will be here before you know it, and you need to be prepared.
How much income will you receive from your retirement savings accounts? Which retirement savings accounts should you tap into first? What is the best strategy for when to start receiving Social Security benefits? These are not easy decisions and figuring out the legal and financial impact of each of the items that factors into them is not something you can calculate on the back of a napkin. If you haven’t already done so, now may be a good time to meet with a personal financial planner to get professional advice that will help you to make smart choices in pursuing a more financially secure retirement.
One of the things that you should do before pulling the trigger on your retirement is to create an account on the Social Security website. You’ll learn how much you have paid into the program and how much income you can expect from it in retirement. The site allows you to model a variety of filing scenarios related to retirement ages and spousal benefits so that you have all the information you need to maximize this source of retirement income. That information will enable your financial planner to give you better advice and will help you to make smarter choices about when you and your spouse should file for your Social Security benefits.
Want to discuss a financial strategy to prepare for retirement? Then call 800-328-1935 to set up a no-cost, no-obligation financial planning session with a financial consultant with Alliant Retirement and Investment Services.
Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. Insurance products offered through LPL Financial or its licensed affiliates. Alliant Credit Union and Alliant Retirement and Investment Services are not registered broker/dealers and are not affiliated with LPL Financial. The financial consultants of Alliant Retirement and Investment Services are registered representatives of LPL Financial. The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VI, WA, WI, WV, WY.
Not NCUA Insured
No Credit Union Guarantee
May Lose Value
The LPL Financial Registered Representatives associated with this site may discuss and/or transact securities business with residents of all 50 states.
*Financial consultants registered with LPL Financial.
Sign up for our monthly newsletter to help you stay at the top of your financial game.
Welcome! You'll now have financial tips sent to you directly each month.
You are leaving Alliant’s website to enter a website hosted by an organization separate from Alliant Credit Union. The products and services on this website are being offered through LPL Financial or its affiliates, which are separate entities from, and not affiliates of, Alliant Credit Union.The privacy and security policies of the site may differ from those of Alliant Credit Union.
You are leaving an Alliant Credit Union website and are about to enter a website operated by a third-party, independent from Alliant Credit Union. Alliant Credit Union does not manage the operation or content of the website you are about to enter. Alliant Credit Union is not responsible for the content and does not provide any products or services at this third-party website. The privacy and security policies of the site may differ from those of Alliant Credit Union.