It is our commitment to provide Nebraska residents with accurate information regarding investment and securities issues. We encourage you to take advantage of the resources on this page. Remember to check back often, as we are continuously adding new resources. The best investments are made by educated investors.
Will you live comfortably during retirement?
Surveys have shown that only 1/3 of all U.S. workers have taken steps to figure out how much money they should save to live comfortably when they retire. Of those who have tried to do the math, 1/4 still have not calculated how much money they need to set aside each year to accumulate the needed amount for retirement. Those who haven't tried often claim that the process is too complicated.
The American Savings Education Council developed an easy-to-use, single-page worksheet called the Ballpark Estimate to help individuals calculate what they will need to save each year toward their retirement. The Ballpark Estimate simplifies some of the more complex issues in retirement planning, such as projected Social Security benefits and earnings assumptions on savings. To use the Ballpark Estimate, you only have to know the following:
- Your current income.
- The amount you expect to receive from a traditional employer pension plan (monthly payments depend on length of service and salary at retirement).
- The amount of your current savings, including money accumulated in a 401(k), IRA or similar retirement plan.
The Ballpark Estimate guides you through six straightforward calculations to help you determine a savings plan for your future.
Stock Exchange Resource
Feeling a bit left out when the conversation turns to stocks, bonds, treasury notes or the market? How about yields and P/E ratios? Thinking about investing in stocks? The goal of the Department of Banking and Finance's investor education program is to help Nebraska residents become educated investors. Learn about the stock market, how it works and the different investment options and tools. Plan according to your goals, financial means and risk personality.
Links to U.S. stock exchanges:
- Chicago Board Options Exchange
- New York Stock Exchange