The rules for retirement success are changing! In the new millennium, the standard of living you enjoy in retirement hinges not only on pension plans and social security, but also on how well you you take advantage of tax-deferred saving options like IRAs and how you invest your money.

Here are some things you should know.

• Retirees are living longer, staying more active and likely to spend 30 years or more in retirement.
• Retirees will need at least 70% of their preretirement income to maintain their standard of living.
• Social Security is not a reliable retirement plan vehicle.
• Company pensions are becoming less dependable.
• Eight out of 10 retirees plans on working full or part-time after retiring just to be able to maintain their standard of living. Defeats the purpose of being in retirement, right?

To ensure a comfortable lifestyle during retirement, it is important to consider alternatives that can help bridge the gap between the income needed to retire comfortably and the income Social Security and pensions provide. Huntington Funds Individual Retirement Accounts, or IRAs, can be a smart way to potentially build your assets and help you reach your retirement goals.

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