Spring Proactive newsletter

mother and daughter laughing

Hello Friend

Your Plan:

ORS

www.michigan.gov/ors

------------------------------

 

In this issue

Spring 2016 • Messages from your Retirement System 

Kerrie Vanden Bosch

From Kerrie's Desk

Notes from ORS Director Kerrie Vanden Bosch

Hello! My name is Kerrie Vanden Bosch, and I’m the new director of the Department of Technology, Management and Budget’s Office of Retirement Services (ORS). I was hired as your director in December of 2015, after Phil Stoddard announced his retirement. I’ve worked at ORS since 2003 in various capacities, most recently as Assistant Director. I’m looking forward to this new opportunity to further serve and hold high hopes for a bright future.

 

Most of us, certainly those just starting their careers, will have to weather several cycles of boom and bust in the market. I encourage you to stay the course and contribute to your retirement savings both when the market is up and down. Take the long view on your retirement savings. Data on investment performance over time has shown us we will end up ahead.

 

National Save for Retirement Week

National Retirement Planning Week 4/11-15

National Retirement Planning Week (NRPW) is coming soon and ORS will be helping to spread the word. The week is meant to bring awareness and focus to retirement planning and to share retirement planning tips and tools. It’s also a great time to check in on your retirement planning and see if you are on track. More information can be found at www.retireonyourterms.org and you can follow the conversation online with #NRPW. Also, be sure to follow us on Twitter or like our Facebook page for tips about saving and news on your retirement system.

retirements in mason jars

A Good Reason to Let Your Kids Borrow for College

Many parents short-change their retirement to help their children avoid student loans. It's understandable. We want to help them start out their careers on their best footing. But that may not be the best choice. Check out this article from Money on why it might be best to let your kids pay their own way. http://ti.me/1QRPoNF