Retirement & Investments Planning

It's never too early to start planning for your financial future. And since you're just starting out, planning now can help you meet your long-term goals.

Planning can help you:

• Identify and prioritize your goals and objectives
• Balance paying off debt and saving for the future
• Choose investments
• Plan for the unexpected

Learn more:

• Allstate retirement and investment options
• 5 Ways To Get The Most Out Of Your 401(k)

You're at that point where you're experiencing some of life's most memorable milestones. Now's the time to help protect those you love with a strong financial foundation.

Planning can help you:

• Save for college and retirement
• Protect your children's financial future
• Choose a life insurance plan
• Prepare for the unexpected

Learn more:

• Allstate retirement and investment options
• What's A 529 College Savings Plan?

Protecting your children is what matters most in your life. And since you're raising them independently, it's important to plan your financial future.

Planning can help you:

• Save for college while balancing daily expenses
• Protect your children's financial future
• Choose a life insurance plan
• Explore ways to earn supplemental income

Learn more:

• Allstate retirement and investment options
• What's A 529 College Savings Plan?

You've worked hard to build the life you lead. Having a plan in place can help you continue to have a secure and prosperous financial future.

Planning can help you:

• Continue to save for retirement
• Diversify your investments
• Protect your children's financial future

Learn more:

• Allstate retirement and investment options
• How Can I Save More For Retirement?

Whether your kids are moving out of your house or you're well on your way to retirement, it's time to plan for what's next.

Planning can help you:

• Save for retirement
• Protect your retirement income
• Prepare for unexpected expenses

Learn more:

• Allstate retirement and investment options
• What's A Retirement Income Gap?

Once you have enough to retire, it's still important to keep tabs on your nest egg and take steps to make it last for as long as you need it — or beyond.

Planning can help you:

• Manage your investments during your retirement years
• Prepare for unexpected expenses
• Leave a legacy for future generations

Learn more:

• Allstate retirement and investment options
• 5 Things To Know About Social Security

Your company 401(k) should be the first place you invest for retirement. Why? It's easy to have your contributions deducted automatically from your paycheck, and many companies offer a match on employees' contributions.

Although your plan administrator sets up your 401(k), you can choose how to invest the money. Your plan will generally give you a number of investment options to choose from. In order to be sure you're investing enough to retire comfortably, have a Personal Financial Representative review your plan and help you reach your goal.

In addition to your employer's retirement plan, you may be able to open your own individual retirement accounts. Two options include:

• Roth IRA. You don't get a tax break up front on the money you invest in a Roth IRA, but all of your contributions and your fund's earnings will be income-tax free as long as you meet the program's requirements for withdrawing money during retirement. Roth IRAs have rules on income eligibility and annual contribution limits, so it's a good idea to check with a Personal Financial Representative before planning contributions or withdrawals.
• Traditional IRA. Like a 401(k), you may earn an annual tax deduction on the money you invest in this account. Your money is taxed later, when you withdraw it during retirement. If you switch jobs, you may be able to roll over all or part of your work 401(k) to a traditional IRA.

In both of these accounts, you can typically choose to invest in individual stocks, bonds or mutual funds. Through Allstate, you'll have access to mutual funds from more than 20 financial companies, allowing you to diversify your retirement investment plan.

If you're concerned about income from your investment accounts fluctuating over the years, an annuity may be helpful. Annuities can create a guaranteed, stable income stream. How long the income payments last depends on the type of annuity plan that you purchase. You may be able to choose a particular period of time (10 years, for example) or select a plan that pays out for your entire lifetime.