Category Archives: Investments

You’re Invited! Complimentary Retirement Income Planning Seminar on July 16!

Bill Bouma - 2013 09

Are you interested in rolling over an investment account? Do you have questions regarding your current or future investments or retirement planning? On Wednesday, July 16, 2014, Consumers Credit Union is hosting a complimentary Retirement Income Planning Seminar at Northwoods Café in Coldwater at 6:00 pm to help you think through the above questions. This seminar will be presented by Bill Bouma, a CFS* Financial Advisor at Consumers Credit Union. With a background in business and finance and a solid commitment to the financial well-being of each member, Bill is ready to help with retirement planning, educational planning, and investment management. To reserve your seat for this educational seminar, please register here. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or … …continue

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You’re Invited! Complimentary Social Security Benefits Seminar and Retirement Income Planning Seminar on April 30

Karon K

On April 30th, Consumers Credit Union will be presenting two complimentary seminars for members and guests to learn about Social Security benefits and retirement income planning. From 12:00 to 1:00 pm, join us at our Milham Office for a complimentary Social Security Benefits Seminar. Thinking about retiring? How do you know when it’s best to claim Social Security? What about benefits for your spouse? How can you secure your retirement future by maximizing your and your spouse’s benefits? A representative from the Social Security Administration will be joining us for a short presentation around these topics followed by an open Q&A, during which you’re invited to share your questions. Lunch will provided. To reserve your seat for this educational seminar, please register here. At 6:00 pm, join us at our Milwood office for a complimentary Retirement Income Planning Seminar. Are you interested in rolling over an investment account? Do you … …continue

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Successfully Transition into Retirement

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Are you thinking about the next chapter in your life? The first step to ensuring your transition to retirement living goes smoothly is to be prepared. For many workers, investing means having a portion of their paycheck systematically invested in an employer sponsored retirement account. Little thought is given to the retirement account after that. Saving for retirement is arguably the most important aspect in preparing for retirement. Having a carefully laid out plan may help smooth the transition from working to retiring. The sooner you devise a plan, the more time you have to explore and evaluate your options. Taking these steps might make the difference between a successful retirement and a disappointing one. Seek Professional Advice Preparing for retirement is not an easy process. With all of the information and products available today, developing a strategy that best suits your individual needs may be daunting. To avoid the … …continue

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You’re Invited! Complimentary Retirement Income Planning Seminar on March 19

Mike Smeenge

Are you interested in rolling over an investment account? Do you have questions regarding your current or future investments or retirement planning? On Wednesday, March 19, 2014, Consumers Credit Union’s Riley office is hosting a complimentary Retirement Income Planning Seminar at 6:00 pm to help you think through the above questions. This seminar will be presented by Mike Smeenge, a CFS* Financial Advisor at Consumers Credit Union. With a background in business and finance and a solid commitment to the financial well-being of each member, Mike is ready to help with retirement planning, educational planning, and investment management. To reserve your seat for this educational seminar, please register here. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the … …continue

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You’re Invited! Complimentary Social Security Benefits Seminar on March 12

Karon K

Thinking about retiring? How do you know when it’s best to claim Social Security? What about benefits for your spouse? How can you secure your retirement future by maximizing your and your spouse’s benefits? Join us on Wednesday, March 12th from noon to 1:00 pm at our Coldwater office for a complimentary Social Security seminar. A representative from the Social Security Administration will be joining us for a short presentation followed by an open Q&A, during which you’re invited to share your questions. To reserve your seat for this educational seminar, please register here. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment Representatives are … …continue

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Saving for the Future – Start Early

Kids Calculating

The information in this post is provided by our partner Accel Financial Counseling. Accel’s counseling services and educational programs are available free to all Consumers members. The earlier you start saving, the more you will benefit from compounding interest. This is the interest earned on interest payments already built up in an investment fund. The earlier you begin, the larger your nest egg will grow. Here’s an example of two friends, Grace and Drew, who had different savings strategies. Grace saved $1,000 a year for 10 years, starting at age 25. Drew saved $1,000 a year for 25 years, starting at age 40. Both earned the same 8 percent return. Who ended up with more money at age 65? It had to be Drew, right? Wrong. Grace benefited from her head start and the power of compounding. Here’s the breakdown: Grace Drew Began saving at 25 Began saving at 40 … …continue

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You’re Invited! Complimentary Social Security Benefits Seminar and Retirement Income Planning Seminar on February 26

Karon K

On February 26th, Consumers Credit Union will be presenting two complimentary seminars for members and guests to learn about Social Security benefits and retirement income planning. From 12:00 to 1:00 pm, join us at our Downtown Office for a complimentary Social Security Benefits Seminar. Thinking about retiring? How do you know when it’s best to claim Social Security? What about benefits for your spouse? How can you secure your retirement future by maximizing your and your spouse’s benefits? A representative from the Social Security Administration will be joining us for a short presentation around these topics followed by an open Q&A, during which you’re invited to share your questions. To reserve your seat for this educational seminar, please register here. At 6:00 pm, join us at our Gull Road office for a complimentary Retirement Income Planning Seminar. Are you interested in rolling over an investment account? Do you have questions … …continue

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What Are My Retirement Savings Options: The Fourth Video in the Consumers ConnectU October Retirement Series

Tim - rebrand

401(k)s. IRAs. At first glance, comparing your retirement savings options seems to require decoding an alphabet soup! “Let’s break down your retirement savings options to the basics,” says Tim Kosak, Consumer Lending Manager at Consumers Credit Union. Watch the video below, the fourth in the Consumers ConnectU October retirement series, to learn the difference between employer funded retirement accounts, individual retirement accounts, and other retirement savings options. Have more questions about retirement planning? Watch the other videos in the series: How Much Do I Need to Retire? How Do I Plan for Retirement? When Should I Start Saving for Retirement?        

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Let Consumers Investment Services* Help You Roll with the Punches

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Changing jobs or retiring? Need to roll over a 401(k)? Let Consumers Investment Services*, available through CUSO Financial Services, L.P. (CFS)*, assist you. Our CFS* Financial Advisors can assist with an IRA rollover by helping you develop an investment plan that meets your needs; assist with the paperwork for your 401(k) rollover; and, if needed, contact your retirement plan sponsor to move your eligible retirement plan assets. If you would like to learn more about a 401(k) rollover or have other retirement plan questions, please contact a CFS* Financial Advisor at Consumers for a complimentary consultation. *Non-deposit investment products and services are offered through CUSO Financial Services, L.P. (“CFS”), a registered broker-dealer (Member FINRA/SIPC) and SEC Registered Investment Advisor. Products offered through CFS: are not NCUA/NCUSIF or otherwise federally insured, are not guarantees or obligations of the credit union, and may involve investment risk including possible loss of principal. Investment … …continue

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When Should I Start Saving for Retirement: The Third Video in the Consumers ConnectU October Retirement Series

Consumers ConnectU - Tim

“When it comes to retirement, the rule is: Save early. Save often. Save greatly,” shares Tim Kosak, Consumer Lending Manager at Consumers Credit Union. Watch the video below, the third in the Consumers ConnectU October retirement series, to learn how starting as early as possible will help boost your retirement savings. Then learn how to start planning and determine how much you will need to save.

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