Do you want to...
 Save more?
Save more — and you’re 50 or older?
Rebalance your portfolio?
Check your investments?
Estimate your retirement income?
10 Reasons to Save
The advantages of the Alcoa Savings Plan really add up.
You'll probably need more for retirement than you realize.
Most of the money you'll need for retirement is going to come from you. Do you know how much you'll need?
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Learn More About Your Investments
Investment Fund Fact Sheets can help you choose the investment mix that's right for you. To access these fact sheets:
- Go to the Your Benefits ResourcesTM website and log in.
- On the left under Personal Information, click the Benefits link.
- Select the Alcoa Savings Plan tab.
- From the "Find It Fast" drop-down menu on the right-hand side, choose "Check All Funds" and then click "Go."
Five Facts You Should Know About Your Savings Plan Account
Arm yourself with the facts and determine what, if anything, the recent financial news means for your retirement investments.
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The Importance of Diversifying
Your Retirement Savings
To help achieve long-term retirement financial security, you should give careful consideration to the benefits of a well-balanced and diversified investment portfolio. Spreading your assets among different types of investments can help you achieve a favorable rate of return, while minimizing your overall risk of losing money.
This is because market or other economic conditions that cause one category of assets (or one particular security)to perform very well often cause another asset category (or another particular security) to perform poorly.
If you invest more than 20 percent of your retirement savings in any one company or industry, your savings may not be properly diversified. Although diversification is not a guarantee against loss, it is an effective strategy to help you manage investment risk.
You should take into account all of your assets, including any retirement savings outside of the Plan when deciding how to invest your retirement savings. No single approach is right for everyone because, among other factors, individuals have different financial goals, different time horizons for meeting their goals, and different tolerances for risk.
It is also important to periodically review your investment portfolio, your investment goals, and the investment options under the Plan to help ensure that your retirement savings will meet your retirement goals.
For more information about individual investment and portfolio diversification, visit the
Department of Labor’s Web site.
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