Checklist

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MISSISSIPPI DEFERRED COMPENSATION PLAN

Retirement

Checklist Asset and Income Worksheet Sample Year End Equity in Home

$80,000

My Accounts Roth IRA

$2,000

IRA

$0

457/401(k)

$125,000

401(a)

$25,000

Spouse Accounts Roth IRA

$0

IRA

$6,500

457/401(k)

$85,000

401(a)

$0

Other Investments Stock A

$2,400

Stock B

$0

Utility Stock

$0

Total Assets

$245,900

Monthly Retirement Benefits My Accounts Social Security at age 65

$1,650

Pension

$410

Spouse Accounts Social Security at age 65

$1,650

Pension

$250

Projected Monthly Income

$3,960

Current Take-Home Income

$5,525

Other Income Excess or (Shortfall)

($1,565)

Monthly Amount Needed from 457/IRAs

($1,565)

Number of Years Assets Will Last”

13.09

12/31/2017

12/31/2018

12/31/2019

12/31/2020

Your To-Do Lists Pre-Retirement (<5 years) Checklist

To-Do List

At what age do you want to retire?

Beneficiaries – Confirm you have a current named beneficiary for all your accounts:

How many years is that from now?

457/401(k) Plan

IRA

401(a) Plan

Life Insurance Policy

What is your life expectancy?

Pension Plan

What is your spouse’s life expectancy?

Create a will

Prepare for the unexpected:

Name an executor for your estate; be specific about your wishes and possessions

• Boomerang children/grandchildren • College expenses • Wedding expenses • Major home repair • Your parents’ care Complete an inventory of your assets (see worksheet)

Have an advanced medical directive on file with your physician/hospital Review your life insurance provisions; update as necessary Review your need for long-term care insurance Review your title and mortgage accounts. When will your house be paid off? Do you plan to stay in your house for the next 20 years? Funeral plan Store all your important papers in one place and let several close people know where to find them (will, medical directive, bank accounts, house title and mortgage papers, life insurance policy, retirement and savings accounts and passwords)

Retirement Accounts Collect all your retirement account statements Make an appointment with your Retirement Plan Counselor (RPC) and complete the Retirement Income Control Panel (RICP).1 Results of RICP: • Are you prepared?

Monthly Expenses in Retirement Rent/Mortgage Payment Utilities Internet Cell Phone

• How much retirement income can you expect?

Car Payment - 1

• Investment strategy

Car Payment - 2

Deaccumulation strategy – How much to withdraw each year?

Credit Card Payments Gas

Inflation concerns Taxes in retirement Healthcare costs Meet with Social Security • Review your earnings • How much will you receive at your retirement? • When is the best age to retire?

Car Maintenance Insurance Payments Groceries Loans Travel/Vacation Grandchildren Other: Other:

RPC Name:

Other: Total Monthly Expenses

RPC Phone #:

Your Notes

1 The Retirement Income Control Panel is an educational tool that provides hypothetical information for illustrative purposes only. It is not intended to provide financial planning or investment advice. It is brought to you by Advised Assets Group, LLC, a registered investment adviser. All rights reserved. Representatives of GWFS Equities, Inc. cannot offer investment, fiduciary, financial, legal or tax advice. Please consult with your financial planner, attorney and/ or tax advisor as needed. Core securities, when offered, are offered through GWFS Equities, Inc. and/or other broker-dealers. GWFS Equities, Inc., Member FINRA/SIPC, is a wholly owned subsidiary of Great-West Life & Annuity Insurance Company. The trademarks, logos, service marks, and design elements used are owned by their respective owners and are used by permission. ©2017 Great-West Life & Annuity Insurance Company. All rights reserved. 98949-01-BRO-8011-1708