Retirement in colorado pros and cons

    • [PDF File]Risky Retirement: Colorado’s Uncertain Future and ...

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      Section 1: The Fiscal Condition of Colorado’s Public Retirement System Today, PERA is only 61 percent funded. The state has accrued a pension debt of at least $25.8 billion—or 9 percent of its gross domestic product—for retirement benefits public workers have already earned (Figure 1). There are five divisions


    • [PDF File]IssueBrief - Colorado General Assembly

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      impact of insufficient retirement savings among olorado’s current and future retirees on the state’s fiscal and economic position. This analysis demonstrates that the financial capacity of elderly households to maintain their living standards during their retirement years has significant impacts for


    • [PDF File]COLORADO BABY BOOMERS

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      The plans and aspirations that some of Colorado’s 55- to 65-year-olds have for the next stage of their lives suggest the emergence of a new retirement model – one incorporating work, community involvement, leisure and learning.


    • [PDF File]Compare Your Options What is Colorado PERA?

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      As a new State of Colorado or Colorado community college employee, you may select from two types of retirement plans offered by Colorado PERA. Whether you are comfortable investing for your retirement or would like professionals to invest on your behalf, Colorado PERA has an option for you. What is Colorado PERA?


    • [PDF File]The Fiscal Impacts of Insufficient Retirement Savings in Colorado

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      your future retirement benefit: o Value of changing payroll-deducted benefits from pre-tax to post-tax (Health, Dental, Vision, etc.) o Participation in a Medical Flexible Spending Account (FSA) • Consider the pros and cons of purchasing service credit through PERA • Consider consulting with a personal financial planner to re -evaluate


    • [PDF File]THE RETIREMENT PROJECT - Urban Institute

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      Pros and Cons of Raising the Retirement Age The advantage of raising the retirement age, com-pared to other options for balancing Social Se-curity, is that it would encourage people to work longer.



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