1. Women and Retirement A Journey to Financial Confidence 1 Step One: Starting Your Journey – At Any Age XXXXX XX, 20XX | Not a Deposit | Not FDIC Insured | Not Bank Guaranteed | May Lose Value | Not Insured by Any Federal Government Agency |

2. 2 Myth, Perception, or Reality? Is saving for retirement different for women than men? What are the facts? If you’re in a relationship… –Are you an equal partner in financial decisions?

3. 3 The Facts: We Earn Less *U.S. Census Bureau. Income, Poverty and Health Insurance Coverage in the United States: 2006 (Washington, DC, 2007). Figure 2. **What Women Need to Know About Retirement: A joint project of the Heinz Family Philanthropies and The Women’s Institute for a Secure Retirement Women average $.77 for every $1 earned by men.* Three out of five working women earn less than $30,000 per year.** “Don’t spend time beating on a wall, hoping to transform it into a door.” - Coco Chanel

4. 4 The Facts: We Spend Less Time in the Workforce “I want my children to have all the things I couldn't afford. Then I want to move in with them.” -Phyllis Diller *http://www.dol.gov/ebsa/publications/women.html **Practical Money Series by Jean Chatzky, http://www.practicalmoneyskills.com/english/at_home/jean/?topic=7 Working women are more likely than men to interrupt Their careers to take care of family members.* Women lose about $650,000 over their lifetime in earnings, missed promotions, raises, and benefits as a result of care giving for children and aging loved ones.**

5. 5 The Facts: We Tend to Invest Conservatively “The future belongs to those who believe in the beauty of their dreams.” – Eleanor Roosevelt *Hewitt Associates, “Longer Life Spans, Lower Salaries and Conservative Saving Habits Key Factors in Gap Between How Much Women Need for Retirement and Their Actual Saving Behaviors”, July 9, 2008 PlanSponsor.com Women invest in more conservative investments (65% vs. 71% for men).* Women are half as likely as men to make trades (13% vs. 24%).*

6. 6 The Facts:... Or Wait to Invest *Hewitt Associates, “Longer Life Spans, Lower Salaries and Conservative Saving Habits Key Factors in Gap Between How Much Women Need for Retirement and Their Actual Saving Behaviors”, July 9, 2008 PlanSponsor.com "The dread of doing a task uses up more time and energy than doing the task itself." ~Rita Emmett Women wait 2-4 years longer than men to start saving for retirement.*

7. 7 The Facts:... Or We Don’t Invest at All *http://www.dol.gov/ebsa/publications/women.html Of the 62 million wage and salaried women (age 21 to 64) working in the United States, just 45 percent participated in a retirement plan.* Women are more likely to work in part-time jobs that don't qualify for a retirement plan.*

8. 8 The Facts: We Live Longer We get too soon old and too late smart. -Pennsylvania Dutch proverb. *http://www.dol.gov/ebsa/publications/women.html **What Women Need to Know About Retirement: A joint project of the Heinz Family Philanthropies and The Women’s Institute for a Secure Retirement On average, a female retiring at age 65 can expect to live another 19 years, 3 years longer than a man retiring at the same age.* The death of a spouse can mean a steep drop in income—from the spouse’s pension and even from Social Security.**

9. 9 Adding It Up We may be saving less. –Because of lower earnings –Because of less time in the workforce We may need retirement income for a longer period than men typically do. We may not be investing appropriately for our retirement income needs.

10. 10 Retirement and Relationships How does your relationship affect the way you plan and save for retirement? Is one of you the designated financial decision maker? Do you share the same retirement income goals and risk tolerance? Would you know where you stand financially in the event of the death of your spouse or divorce?

11. 11 Taking Charge with Your Employer-Sponsored Plan “Focus on what is actually in your power to control today.” – Suze Orman It puts you in charge of your own retirement income. It offers tax-deferred savings. It’s automatic. It makes retirement planning a priority.

12. 12 Less than one- third of retired older women today receive pension income.** Less than half of working women have access to a private pension or retirement plan at their jobs** Personal Retirement Savings: Why It Matters * https://www.socialsecurity.gov/planners/morecalculators.htm ** What Women Need to Know About Retirement: A joint project of the Heinz Family Philanthropies and The Women’s Institute for a Secure Retirement Social Security continues to be the only source of income for one in four unmarried women.** We need about 70% of pre-retirement income per year!*

13. 13 Take the Next Step on Your Journey If you’re already enrolled, think about increasing your deferral. If you’ve been contributing for a while, take a fresh look at your investment mix. And remember... –It’s never too early to start. –It’s never too late to start. Enroll today! Visit www.gwrs.comwww.gwrs.com or call (800) XXX-XXXX* * Access to KeyTalk and the Web site may be limited or unavailable during periods of peak demand, market volatility, systems upgrades/maintenance or other reasons.

14. 14 Questions?

15. 15 Great-West Retirement Services ® refers to products and services provided by Great-West Life & Annuity Insurance Company, FASCore, LLC (FASCore Administrators, LLC in California), First Great-West Life & Annuity Insurance Company, White Plains, New York, and their subsidiaries and affiliates. Great-West Life & Annuity Insurance Company is not licensed to conduct business in New York. Insurance products and related services are sold in New York by its subsidiary First Great-West Life & Annuity Insurance Company. Other products and services may be sold in New York by FASCore, LLC. Securities, when offered, are offered through GWFS Equities, Inc. and/or other broker dealers. GWFS Equities, Inc. is a wholly owned subsidiary of Great-West Life & Annuity Insurance Company and an affiliate of FASCore, LLC (FASCore Administrators, LLC in California) and First Great-West Life & Annuity Insurance Company, White Plains, New York. Representatives of GWFS Equities, Inc. are not registered investment advisers and cannot offer financial, legal or tax advice. Please consult with your financial planner, attorney and/or tax adviser as needed. Great-West Retirement Services ®, The Partnership Logo ® and its design elements are registered service marks of Great-West Life & Annuity Insurance Company. All rights reserved. ©2010 Great-West Life & Annuity Insurance Company. Form# S3010 (05/2010) PT 103875