Become Purse Strings Approved Subscribe to the Mailing List

Retirement

01

Getting Started

02

Why You Need to Act Now

03

Helpful Terms & Tools

04

What to Consider

05

Social Security & References

Helpful Terms and Tools
Retirement Income – The amount of monthly income you are able to draw from a collection of social security, investment profits, and savings interest

Retirement Plan – Your plan for how you would like to spend your post-working years

IRA – a type of investment account that allows long term contributions for reduced tax burden

401k – a type of investment account that allows pre-tax contributions and often has an employer matching contribution

Income Gap – the difference between what women get paid and what men get paid for the same work

Emergency Fund – a special savings account contributed to regularly and held aside for emergency expenses

Social Security – a program that pays people who are unable to work or who are past a certain age

Investment – a contribution made at a risk that awards long term payoffs in the future

This Guide

01

Retirement Part 1 - Getting Started

02

Retirement Part 2 - Why You Need to Act Now

03

Retirement Part 3 - Helpful Terms & Tools

04

Retirement Part 4 - What to Consider

05

Retirement Part 5 - Social Security & References

Sign up for our #FinanciallyFearless Newsletter