Retirement can be the beginning of a whole new life.
While the way you spend your time might be entirely different once you retire, some things will not change - like the need for an income. Experts suggest that to plan for a retirement income, estimate your annual needs at 60 to 80 percent of your current yearly salary. And you could easily spend 25 to 30 years of your life in retirement. It's actually more confusing than it sounds. Syracuse University provides opportunities for you to contribute to your future financial security through the TIAA-CREF retirement plan.