Retirement Education

Invest in Your Future with Legg Mason

Retirement planning is a lifelong undertaking. That is why we offer a broad range of solutions focusing on key life stages, as well as on the unique needs of business owners. Work with your financial advisor to see how Legg Mason's products and services can help you navigate through these important stages.

1. Saving for Retirement—People are living longer, healthier lives. You may spend as much time in retirement as you spend working. Many experts recommend saving at least 10% of your income for retirement - more if you're older and trying to catch up.

2. Changing Jobs—You may change jobs three or more times in your lifetime. It's important to know what to do with any accumulated retirement savings. It's particularly important to seek guidance in rolling over that plan so you don't lose any benefits of tax-deferred savings.

3. About to Retire—You've saved diligently over the years. Now you face a number of important decisions, including whether to roll over your savings, and how and when to tap into the money. You may also need to reassess your asset allocation, with an eye towards income-oriented investments.

4. Retired—A big question for many retirees is whether their savings will last. You'll need to focus not only on capital preservation but also on making sure your nest egg continues to grow. You may also wish to pursue a second career or travel the world - choices that require careful financial planning.

5. A Business Owner—A comprehensive retirement plan can offer your business many potential benefits, and can help you attract and retain top employees.

Retirement Reimagined^SM

Rethinking the way investors approach retirement

As the definition of a typical retirement has changed, so has the typical retirement plan.

So, Legg Mason has developed a broad range of educational materials to help you make sense of the different types of investment plans available, and prepare for the future.

Be sure to contact your Financial Advisor for more personal guidance on the solutions outlined below...

2007-2008 Quick Reference Guide (PDF)
A side-by-side comparison of Traditional, Roth, SEP and SIMPLE IRAs, 403(b)(7) accounts, 401(k) plans, Coverdell Education Savings Accounts and 529 College Savings plans.

Education Solutions (PDF)
Compares the growth of $2,000 annual contributions to a Coverdell ESA and taxable investment account.

Roth vs. Traditional (PDF)
Compares the strengths and limitations of the Traditional IRA versus Roth IRA, including deduction and contribution limits.

IRA Worksheet (PDF)
Visualize your retirement, estimate expenses, and calculate how much you need to save to retire comfortably.

SEP vs. SIMPLE IRA Brochure (PDF)
Compares SEP and SIMPLE IRA plans for small business owners, including eligibility, coverage requirement and contribution limits.

Advantages of a SEP IRA (PDF)
Explains the potential benefits of the SEP IRA, including flexibility on employer contributions, administrative simplicity and tax benefits.

Advantages of a SIMPLE IRA (PDF)
Outlines the advantages of a SIMPLE IRA, including qualifications, tax benefits, employer contributions, and employee contribution limits.

Advantages of a 403(b)(7) Account (PDF)
Explains how 403(b)(7) accounts can help employees of non-profit organizations reduce current taxes while saving for retirement.