Maximize Your Retirement Planning with the My Security Benefit App

In today's fast-paced world, planning for retirement can feel overwhelming. Fortunately, the My Security Benefit app simplifies this process, empowering you to take control of your financial future. This innovative tool offers a range of features designed to help you calculate your retirement income needs, monitor your investments, and optimize your retirement strategy. Below, we explore the key functionalities of the app and how it can enhance your retirement planning.

Calculate Your Retirement Income Needs

Understanding how much money you will need in retirement is crucial for effective planning. The My Security Benefit app allows you to calculate and estimate your retirement income needs with ease. By inputting your current savings, expected expenses, and desired lifestyle, the app provides a personalized estimate of the income you will require during retirement. This feature helps you set realistic goals and make informed decisions about your savings strategy.

Monitor Your Account Balance and Contributions

Keeping track of your retirement savings is essential for staying on course. The app enables you to view your account balance, year-to-date contributions, and rates of return at a glance. This transparency allows you to assess your progress and make necessary adjustments to your investment strategy. With real-time updates, you can stay informed about your financial health and ensure you are on track to meet your retirement goals.

Adjust Your Investment Mix

Investment performance can significantly impact your retirement savings. The My Security Benefit app provides you with the tools to change your investment mix based on your risk tolerance and market conditions. Whether you prefer a conservative approach or are willing to take on more risk for potentially higher returns, the app allows you to tailor your investment strategy to align with your financial objectives. Additionally, you can view investment performance to make data-driven decisions about your portfolio.

Real-Time Personal Retirement Score

One of the standout features of the My Security Benefit app is the ability to determine your personal "score" in real-time. This score reflects your current retirement readiness and helps you create, adjust, and optimize your retirement plan actively and accurately. By regularly checking your score, you can identify areas for improvement and take proactive steps to enhance your financial security in retirement.

Important Note on App Usage

The My Security Benefit app is specifically designed for use with our mutual fund employer-sponsored retirement accounts and IRA mutual fund accounts. Please note that it is not intended for annuity contracts. This focus ensures that users receive the most relevant tools and resources for their retirement planning needs.

Need Assistance? We're Here to Help!

If you encounter any errors or have feature requests while using the app, our dedicated support team is ready to assist you. For personalized help, please contact us directly at 800.747.3942. We are committed to ensuring that you have a seamless experience as you navigate your retirement planning journey.

Disclosure Information

It is important to note that this article does not constitute an offer to purchase a security. All brokerage services are provided by your local independent financial representative. Services are offered through Security Distributors, a subsidiary of Security Benefit Corporation (Security Benefit). Please be aware that Security Benefit is not affiliated with your brokerage firm or its representatives.

In conclusion, the My Security Benefit app is an invaluable resource for anyone looking to enhance their retirement planning. With its comprehensive features, you can confidently navigate your financial future and work towards achieving your retirement goals. Start using the app today and take the first step towards a secure and fulfilling retirement.