Kent L. Lugrand, President/CEO
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Autumn’s Reflective Chance
Each September, as the year starts to transition from the “dog days of summer” to the anticipation that accompanies the season’s rituals of football, falling leaves, and Halloween, most of us are given the opportunity to reflect and determine if the year has progressed as planned. Are we still committed to the diet/workout plan that started on January 1? Did we “smell the flowers” along the way as vowed or did work, the kids, and other life circumstances get the best of our time?
It’s no secret that we have a crisis in the U.S. regarding retirement. The crisis is that so few older people have the funds to retire. A new study finds that this results from a basic lack of understanding (i.e., a low “Retirement IQ”).
October is national cyber security awareness month. The Department of Homeland Security and participating agencies are identifying useful tips with the hashtag #CyberAware
Americans are feeling financially vulnerable and it likely starts with the absence of a comprehensive perspective on their finances, finds a new study from Northwestern Mutual. But there is hope, and you’ll find it at your local credit union.
Remember when retirement was a defined event in nearly every American’s life? It meant an end to the work life, and a greater opportunity for leisure, hobbies and family visits. Those were the days.