Church Pension Group | Retirement and Finances

Retirement and Finances

Now that you have retired, your finances will change. This is the perfect time to schedule a one-on-one discussion with one of CPG's financial education specialists to discuss your financial situation and address any concerns or questions you may have. For example:

  • Does your spending match your income?

    You can explore your options to plan a secure retirement.

  • Do you need to adjust your life insurance coverage?

    Be sure your life insurance meets your changing needs in retirement.

  • Are you taking advantage of all the benefits and products available to you?

    Church Life Insurance Corporation offers annuities and individual life insurance to increase your financial security in retirement. And if you work in the Church in retirement, you can continue to make contributions to your Episcopal Church Retirement Savings Plan (RSVP) plan through your employer.

  • Have you started your estate planning?

    Make sure that your family is protected and any legacies you want to leave are documented. Life insurance and annuities can be estate planning strategies; find out how from our financial educators.

  • How are you managing your investments in retirement?

    Are your retirement savings invested in ways that fit your financial needs and tolerance for risk? Learn how to take advantage of Fidelity Investment’s Portfolio Review and other planning resources. Understand strategies for investing money from an inheritance.

Retirement Spending Calculator.

The PlanAhead Retirement Spending Calculator® will help you identify and quantify your expenses as you begin this new phase of life so that you make the most of your money in retirement.

 

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