Does seeing these four words make you sweat? Don't worry. We can help you understand how to choose a strategy so you can feel confident in your approach to retirement planning.
Let's start by looking at three AIR employees. They all have questions about retirement investments. They all have different financial goals. Let's see how they each consider their own individual needs to create a strategy that's just right for them.
Jasmin has more going on than just work. As a new investor, she doesn't feel she has the time to learn everything she needs to know to build a portfolio that will grow with her throughout her career.
We're here to help. The key is understanding your investment options. Ready for a crash course on investments? Okay, let's start with the importance of diversifying your portfolio.
Different types of assets' performance may vary under different market conditions. Investing in a variety helps protect your portfolio if any one asset falls in value and helps ensure better overall performance and security.
AIR has worked with TIAA to provide a wide variety of investment options available to you, organized across four distinct categories. Let's take a look.
Target date funds work a little differently than the other options we'll discuss. They come with a preset, diverse asset mix that automatically adjusts over time. With the other you'll have the ability to control your own diversification.
Consider choosing the fund closest to your anticipated retirement date.
Passively managed funds offer a customizable mix of low-cost funds designed to keep pace with market returns.
Actively managed funds offer similarly diverse options but with the advantage of being professionally managed with a goal to outpace market benchmarks.
Guaranteed income options slot in beside the other options, including target date funds, they add security to your savings with guaranteed growth and stability to your retirement with a monthly paycheck as long as you live.
Now that Jasmin has a better understanding of her investment choices, she works with her TIAA financial consultant to find a mix of assets that's just right for her.
And Jasmin isn't alone. What about Javier, who's in his prime earning years but hasn't updated his strategy in some time? Well, there's a mix of investments that's just right for him too. And he's got help from one of TIAA's financial consultants, at no cost, anytime he needs it.
Let's look at Kaia, who, like Jasmin, didn't know a lot about investing when she was starting out. She's been virtually meeting regularly with a financial consultant for most of her career.
Now she's ready to retire with confidence.
Every AIR employee, including you, can create a personalized investment portfolio with the help of a TIAA financial consultant. Just like Jasmine did. And Javier. And Kaia, of course.
Take control of your financial future by selecting your investments today. Plus, get ongoing support from our team of TIAA financial consultants. Schedule a meeting now at TIAA.org/schedulenow.
Disclosure: This material is for informational or educational purposes only and does not constitute fiduciary investment advice under ERISA, a securities recommendationunder all securities laws, or an insurance product recommendation under state insurance laws or regulations. This material does not take into account specificobjectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made based on the investor'sown objectives and circumstances.Investment, insurance, and annuity products are not FDIC insured, are not bank guaranteed, are not bank deposits, are not insured by any federal governmentagency, are not a condition to any banking service or activity, and may lose value.You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 877-518-9161 or go to www.TIAA.org/prospectus for current product and fund prospectuses that contain this and other information. Please read the prospectuses carefully before investing.The TIAA group of companies does not provide legal or tax advice. Please consult with your legal or tax advisor.Advisory services are provided by Advice & Planning Services, a division of TIAA-CREF Individual & Institutional Services, LLC, a registered investmentadviser.TIAA-CREF Individual & Institutional Services, LLC, Member FINRA, distributes securities products. Annuity contracts and certificates are issued byTeachers Insurance and Annuity Association of America (TIAA) and College Retirement Equities Fund (CREF), New York, NY. Each is solely responsible for itsown financial condition and contractual obligations. Each of the foregoing is solely responsible for its own financial condition and contractual obligations.©2023 Teachers Insurance and Annuity Association of America-College Retirement Equities Fund, 730 Third Avenue, New York, NY 10017GVD-3131451PS-O0923X
