Are you saving enough for retirement?
Save more through Peach State Reserves (PSR)
Did you know to live comfortably during retirement, you will need
70% to 100% of your pre-retirement income? Even with other
savings, pension(s), and Social Security, you may still need to
consider enrolling in or increasing your contributions to
PSR.
To understand your personal retirement needs, log in
to GaBreeze, click the
Savings & Retirement tab, then select Retirement
Projections under the Peach State Reserves menu.
Don’t worry. Saving for retirement doesn’t have to be
complicated or difficult.
Insufficient savings are a common reason many employees do not
reach retirement readiness. GSEPS members should be saving at
least 5% in their Peach State Reserves (PSR) 401(k) plan to
maximize the employer match. ERS New Plan members may
consider enrolling in a PSR 401(k) or 457 plan.
Increasing contributions to or enrolling in a PSR 401(k) or
457 is quick and easy at the GaBreeze website.
Take action today to prepare for a better tomorrow!