Page 3 - Spring2018PERFTRFNews

SPRING 2018
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MAY NEED IN RETIREMENT
Have you calculated how much income you may need each month in retirement?
Do you know how much income you can expect to receive in retirement from all of your accounts – including your INPRS bene t, Social Security and your personal savings?
Not sure where to start? It’s easy with myOrangeMoney®!
Our new interactive online experience, powered by Voya Financial®, makes it simple – just plug in your retirement savings information and you will see how much income you can expect in retirement based on your current plans.
If your calculation falls short, myOrangeMoney® gives you the information you need to help ll the gap today, so you can have the retirement you want, tomorrow.
Check out our how-to video and visit www.myINPRSretirement.org or scan this QR code with your smartphone.
INVESTING 101: TARGET DATE FUNDS
Target date funds – part of INPRS’s lineup of investment options – do the asset allocation for you by offering a pre- packaged mix of diversified investment options. The funds, geared toward the date when you plan to retire, automatically shift their asset allocations to become more conservative the closer you get to retirement.*
For example, say you plan to continue to work and retire in
2040. You can allocate your defined contribution (DC) account to the INPRS 2040 Fund. This target date fund will periodically reallocate your assets based
on a long-term investment strategy that’s more aggressive early in your career and becomes more conservative in your late-career years.
You can find detailed information on each of the investment funds available in the Investing 101 section of www.inprs.in.gov. If you want to update your DC allocations, log on to your account by visiting www.myINPRSretirement.org.
*Though INPRS’ custom target date funds are, by design, more conservative than most comparable target date funds, there is still market-associated risk with these investment instruments. Because investment values and returns can rise or fall depending on market conditions, target date funds provide no guarantee of sufficient funds for your retirement.
APOLIS, IN 46204 | WWW.INPRS.IN.GOV | (844) GO-INPRS | QUESTIONS@INPRS.IN.GOV
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