Commissioner Nickel Reminds Consumers to Plan for Their Retirement
April 9-13 is National Retirement Planning Week
Madison, WI—Insurance Commissioner Ted Nickel reminds Wisconsinites of the importance of planning for retirement. This year from April 9-13, National Retirement Planning Week is an effort to promote awareness of a comprehensive rethinking of retirement planning.
"When it comes to retirement planning, starting early and sticking with it is key," said Commissioner Nickel. "Simple things, such as being proactive and routinely assessing your financial preparedness for retirement, go a long way to ensure your future is financially secure. Insurance and financial professionals can help you throughout the planning process. During National Retirement Planning Week, you can also visit
www.retireonyourterms.org, which features life-stage specific resources and tools to assist you in achieving your long-term financial goals."
The Office of Commissioner of Insurance provides a number of helpful resources available for consumers including:
- Several consumer publications on annuities and life insurance contracts including
Understanding Annuities, a helpful consumer guide that explains annuity contracts.
- An
agent look-up feature that will allow you to find licensed insurance agents that sell insurance products.
- Many
consumer publications for retirees that can help with issues like Medicare, and long-term care.
Planning for your retirement may seem like a daunting task, but a few simple steps may start you down the right path. It is never too late or too early to begin planning. For more information on National Retirement Planning Week, visit
www.retireonyourterms.org.
Created by the Legislature in 1871, Wisconsin's Office of the Commissioner of Insurance (OCI) was vested with broad powers to ensure that the insurance industry responsibly and adequately met the insurance needs of Wisconsin citizens. Today, OCI's mission is to lead the way in informing and protecting the public and responding to its insurance needs.