Before we can begin any journey, we must carefully consider the
direction we will travel. As the saying goes, “If you don’t know
where you’re going, any path will take you there.” To some, this
quote appeals to a sense of freedom and a wandering spirit.
However, when it comes to retirement planning, lacking a sense
of direction can be an expensive mistake.
Setting short and long-term budgeting goals is one way we en-courage
members to make more informed financial decisions.
There is fierce competition for every dollar we earn. Credit cards,
cars payments, mortgages, our children’s education, and re-tirement
are all vying for a portion of our paycheck. A budget
helps define our financial goals, prioritizes our obligations, and
provides a tool to ensure our money is directed to those things
we value most – those things that keep us on the path to long-term
1 Letter of Transmittal
5 Chairman’s Letter
6 Board of Trustees
7 Organizational Structure
7 Advisors and Consultants
8 Certificate of Achievement for Excellence
in Financial Reporting