How much income will I need in retirement?

By |2019-07-10T16:38:29+00:00July 10th, 2019|Retirement, Uncategorized|

How much income will you need in retirement? Nest eggs, retirement buckets, investment accounts - whatever you might call the lump sum of money you are saving to live off in retirement -will need to fund your retirement income for around 30+ years. But how do Lockheed pre-retirees determine [...]

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Employee FAQs: Have I saved enough to retire?

By |2020-04-23T15:45:25+00:00October 16th, 2018|Retirement|

Employee FAQs: Have I saved enough to retire? Have you saved enough in your Lockheed Martin 401k to retire? If you are getting close to retirement, than that's probably a question you've asked yourself a few times. So how do you know? Let's take a look. How much will [...]

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Pension vs. 401k: What is the difference?

By |2018-09-26T20:47:28+00:00September 26th, 2018|Uncategorized|

Over the last few months, I have been describing the changes that are occurring with Lockheed Martin retirement benefits. A lot of these changes are affecting those with a LM pension, but many new employees hired after 2006 weren't offered a pension option at all. So what are they [...]

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How do I plan for retirement? ANSWER: Watch film and hit the weights (?!)

By |2018-08-30T12:32:42+00:00August 30th, 2018|Retirement|

College football season is here, and I LOVE IT. There's nothing like eating some great food, drinking a tasty beverage and watching your team battle it out on the field. Much like a football team preps for an upcoming season, you must do your homework and do a little [...]

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Common questions about the Retirement Plan Change

By |2020-03-26T14:57:25+00:00August 14th, 2018|Retirement|

Common questions about the Lockheed Martin Retirement Plan Change In 2014, Lockheed Martin announced they will make changes to the company's retirement benefits package. If you were affected, you probably know it by now, as the changes started taking affect in 2016 and will be complete in 2020. Below [...]

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