Date
Monday
Oct
20

October 20-26

National Retirement Security Week

Secure your future with National Retirement Security Week. Start planning today for a worry-free tomorrow!

Type
Week
Category
Cause

Introduction

Celebrate the future with National Retirement Security Week starting on October 20! It's never too early or too late to start thinking about investing in your future. This essential observance began in 2006 when the U.S. Senate recognized the importance of increasing public awareness of the financial necessities of a secure retirement. National Retirement Security Week highlights the importance of comprehensive retirement planning, encouraging individuals of all ages to save and take control of their financial future. Join us in fostering a brighter, worry-free tomorrow! Start planning today - your future self will thank you!

National Retirement Security Week Timeline

1935
Social Security Act
The U.S. Social Security Act was signed into law by President Franklin D. Roosevelt, providing retirement income for elderly Americans.
1960
Birth of the 401(k)
The creation of the 401(k) plan fundamentally transformed retirement savings in America, providing a tax-deferred means to accumulate wealth for retirement.
1975
Rise of the IRA
Individual Retirement Accounts (IRAs) were introduced to the public, offering another important vehicle for individuals to save for retirement.
2006
National Retirement Security Week Initiated
The U.S. Senate approved the first National Retirement Security Week, aiming to increase public awareness of the importance of retirement savings.
2010
Introduction of MyRA
The U.S. Treasury introduced MyRA, a simple, secure and affordable retirement account for individuals lacking access to an employer-sponsored plan.
2020
Increased Influence of Digital Tools
Increased use of digital tools and platforms, like robo-advisors, transformed how individuals save, invest, and plan for retirement.

How to Celebrate National Retirement Security Week

1

Schedule a financial planning session

Start the week by setting up a meeting with a financial adviser. Discuss your retirement goals and create a plan that suits your lifestyle and future needs. This could involve adjusting your savings plan, redistributing your investments, or fine-tuning your budget.

2

Organize a lecture or workshop

Increase awareness of retirement security by organizing a retirement planning lecture, workshop, or webinar. Reach out to financial experts to share their tips and experiences to help people understand the importance of investing for their future.

3

Write a financial journal

Start a habit of journaling about your financial goals. Make note of your investment plans, your savings goals, and how you plan on getting there. This can be an excellent way to stay on track and motivate yourself to save more for retirement.

4

Host a retirement party – for the future

Celebrate your future retirement! Hosting a retirement party will not only make retirement look more appealing, it will also let you think about what you'd like your life to look like when you retire. It’s always fun to have something to look forward to!

5

Start an investment group

Gather a group of friends or colleagues and form an investment group. Meet periodically to discuss saving and investing strategies, share financial tips and news, and offer mutual motivation to achieve your retirement goals.

Why National Retirement Security Week is Important

A

Encourages Planning for the Future

National Retirement Security Week is a great reminder to everyone about the importance of planning for our future. We love this week because it encourages us to start setting our retirement goals, to organize our finances, and to begin investing in our future.

B

Promotes Financial Education

This week is not only about planning but also about learning. We love the idea of organizing lectures and workshops that can increase public awareness about financial security in retirement. This provides an excellent opportunity to learn from experts and to gain new insights on how to secure and manage our finances.

C

Fosters Community and Camaraderie

National Retirement Security Week is also about community building. We love the idea of starting investment groups with friends or colleagues and hosting a future retirement party. It's wonderful to have people to share in the journey and to motivate each other towards achieving our retirement goals. In this week, investing in the future becomes a shared activity rather than an isolated endeavor.