An economically healthy retirement isn’t just about financial literacy, according to TIAA Institute research; longevity literacy also is crucial for having confidence in a financially healthy retirement.
American adults need to learn more about longevity and how long their savings might have to last so they not only save enough but also spend it wisely. Combining retirement education and plan features like lifetime income is key to ensuring workers can make their savings last.
Get more detail about longevity literacy and how it affects retirement readiness in the full TIAA TMRW publication.
TIAA is the CURP/401A provider as well as an approved administrator for the 403b retirement savings plan. You can start saving more for your retirement at anytime by participation in the 403b and/or 457b savings options, no need to wait for open enrollment.