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Retirement Planning in a Changing World

Retirement Solutions through CFS logoNo matter how well you've prepared, life has a way of throwing curveballs. Sometimes, those curveballs can affect your retirement plans. The good news is, it's possible to catch up to your goals and achieve the dream of a happy retirement!

Here are a few steps to take when retirement planning in a changing world:

Stay calm

In times of change, it's natural to feel uncertain about taking risks. However, short-term worry doesn't have to derail your long-term plan for retirement. If you can, continuing to contribute to your 401(k) or IRA can help you stay on track with your goals. If you need to pause your contributions for a while, consider saving what you can in a high-yield savings account or Money Market account. This way, you'll have funds set aside when you feel comfortable investing again.

Stretch your retirement savings

If you're nearing retirement and worried about meeting your expenses, you may need to adjust your spending and saving habits.

Here are a few ways to stretch your retirement dollars if you're facing a shortfall:

    • ​Downsize to a less expensive home, apartment or condo. Or, consider refinancing your mortgage.
    • Consider consolidating high-interest rate credit card balances to a low-interest rate card.
    • If you have two vehicles but only need one, consider selling it to free up funds for retirement.
    • Reduce discretionary spending, such as dining out, subscription services or clothing purchases.
    • Ask insurance, cable, cell phone and internet providers about potential discounts or try to negotiate a lower rate.
    • Rethink your retirement lifestyle. Working a few extra years or taking up a “side hustle" can help you earn extra income for retirement.

It's important to reevaluate your retirement preparedness on an ongoing basis. Using a retirement calculator can help you get an idea of how well you've prepared and what you can do today to improve your outlook tomorrow.

Talk to a professional

Planning for retirement can feel overwhelming, especially in unpredictable times. If you have questions, Wright-Patt Credit Union (WPCU) is here to help!

​The experienced CFS* Financial Advisors on WPCU's Retirement Solutions team, available through CUSO Financial Services, L.P. (“CFS"), will discuss your retirement goals with you and help you create a personalized plan for a happy retirement. Contact us today to set up a complimentary, no-obligation appointment. ​​​​


​​​​​​​​*Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Wright-Patt Credit Union® and WPCU® Retirement Solutions are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using WPCU Retirement Solutions, and may also be employees of Wright-Patt Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Wright-Patt Credit Union or WPCU Retirement Solutions. Securities and insurance offered through LPL or its affiliates are:

Not Insured by NCUA or Any Other Government Agency | Not Wright-Patt Credit Union ​Guaranteed | Not Wright-Patt Credit Union Deposits or Obligations | May Lose Value


Check the background of investment professionals associated with this site on FINRA’s BrokerCheck.

LPL Financial Form CRS


​​The LPL Financial registered representative(s) associated with this website may discuss and/or transact business only with residents of the states in which they are properly registered or licensed. No offers may be made or accepted from any resident of any other state.