When can I or should I retire from working? Will the retirement investment portfolio that I have built outlast me? Is my projected retirement nest egg enough to retire on? Will I have enough to leave my heirs? How much do I need to invest in order to reach or attain my financial independence & retire early (FIRE)? These are some of the reasons why you need the Empower Retirement App.
Features of Empower Retirement App
The App has several features to enable you to meet your retirement planning goals:
- Register and log into your Empower Retirement Plan
- Download retirement plan forms or upload your documents
- Enables you to model different saving scenarios, see their potential impact in terms of realizing your retirement income target.
- View account balances, rate of return, account statements, and your transaction history
- View your investment lineup details
- Modify your contributions, allocations, and the plan beneficiaries
Benefits of Empower Retirement App
The Empower Retirement App gives the user the freedom to not only view but manage their plan anytime and from anywhere. Registration on the Empower Retirement App is easy as it only requires your username and password. With the App, and you can easily and quickly access your Retirement Plan and manage all your beneficiaries. You can also view your projected rate of return as well as set future investment selections.
Participants in Empower Retirement serviced retirement plans can use the Retirement App to check their account details, execute financial transactions as well as manage their retirement plan. You, however, need to keep your personal details up-to-date, including your communications preferences.