Horace Mann Retirement AdvantageTM

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I want to retire soon

If your retirement date is less than 10 years away, it’s a good time to start thinking about the transition from work to retirement. If you're like most people, though, you may be unsure about what your retirement will really look like. Now may be a good time to think about the lifestyle you want, and creating a retirement savings and spending plan to help you get there.

While some costs—like savings, taxes, and insurance—may decline in retirement, you may spend more on health care, travel, and entertainment. Where will the money come from? Social Security and your state pension, if available, may cover some of your spending needs, but not all. That’s why taking advantage of your employer’s supplemental retirement plan is important.

Figure out your expenses

As you near retirement, make a detailed retirement budget to see how much money is needed to cover essential expenses such as food, shelter, and insurance, and see what can be covered by guaranteed income from sources such as Social Security or a pension.

For more information on preparing a retirement income strategy, please contact your local Horace Mann representative.

To obtain a prospectus for investment options in Retirement Advantage, contact your Horace Mann Representative or click here.

The information provided here is for general information purposes only and should not be considered an individualized recommendation or personalized investment advice.

Horace Mann Investors, Inc. offers Horace Mann Retirement Advantage™ as 403(b), 457(b) and 401(a) investment options through accounts provided by MSCS Financial Services Division of Broadridge Business Process Outsourcing, LLC, a DE Limited Liability Company. Horace Mann Investors, Inc., member FINRA, is located at 1 Horace Mann Plaza, Springfield, IL 62715. You can receive prospectuses from your Horace Mann representative, by calling 877-602-1870 or by visiting horacemann.com/retirementadvantage. You should read the prospectuses carefully and consider the investment objectives, risks, charges and expenses carefully before you invest or send money. The prospectuses will provide complete information about these subjects. As with all securities, mutual funds involve a risk of loss, including a loss of principal.

Withdrawals from a 403(b), 457(b) and 401(a) account are restricted by the Internal Revenue Code and may be further restricted by your employer’s plan. Generally, you may make a withdrawal from a 403(b) account only upon reaching age 59½, severance from employment, disability or certain hardships (if allowed by the plan); a 457(b) account only upon reaching age 59½, severance from employment, disability or an unforeseeable emergency (if allowed by the plan); and a 401(a) account only upon reaching a specified age, severance from employment or disability. If you take money out before age 59½, you could be subject to a federal penalty tax of 10% (except for 457(b) accounts) in addition to income taxes. You should consult with a tax advisor regarding any tax-favored products.

Check the background of Horace Mann Investors Inc.

WBIA-0034 (Oct. 20)

Current clients: 800-677-2363
New enrollments: 844-895-0980

WBIA-0034 (Aug. 20)

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