This will help you decide if you are financially ready to retire. Take a look at both your Rockwell Automation retirement income sources and those available outside of Rockwell Automation. These may include savings accounts, IRAs, retirement benefits from former employers and Social Security (if eligible). At any time, you can get an idea of your Rockwell Automation retirement income sources. Here’s how:
- Pension Plan: Use the Pension Calculator on EmployeeConnect to get an estimate of your benefit from the Pension Plan. (Find it on EmployeeConnect: Go to the Your Benefits Resources™ home page, go to the “Pension Benefits” tile, followed by “Get an Estimate”.) You can model many retirement date scenarios, including various assumptions regarding last day worked, pay and benefit payment start date, and compare your saved versions. You can also get help and request an estimate by calling the RASC and saying “pension” or “retirement” when prompted.
- Retirement Savings Plan: Check your account balance by going online to NetBenefits, the Retirement Savings Plan’s website through Fidelity. You also can call the Rockwell Automation Service Center at Fidelity to ask questions and get information.