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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Empowering Women at Zoetis: 4 Essential Retirement Strategies to Consider

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Healthcare Provider Update: Healthcare Provider for Zoetis: Zoetis, a leading global animal health company, primarily collaborates with veterinary healthcare providers. Its services and products are distributed through veterinarians, who provide essential healthcare to pets and livestock, thus ensuring effective treatment through its medications and vaccines. Blog Post Paragraph on Potential Healthcare Cost Increases in 2026: As 2026 approaches, significant healthcare cost increases loom, particularly within the Affordable Care Act (ACA) marketplace. With insurers requesting average premium hikes that exceed 60% in critical states like New York, consumers could face an alarming rise in out-of-pocket expenses-over 75% for a vast majority of policyholders if enhanced federal subsidies are not extended. Market pressures from escalating medical costs, alongside the financial performance of leading insurers reporting record profits, underscore the urgency for consumers to prepare for these potential financial challenges ahead. Click here to learn more

Preparing for retirement at Zoetis can look a little different for women than it does for men. Although stereotypes are changing, women are still more likely to serve as caretakers than men are, meaning they may accumulate less income and benefits due to their time absent from the workforce. Research shows that 31% of women are currently or have been caregivers during their careers. Women who are working also tend to put less money aside for retirement. According to one report, women contribute 30% less to their retirement accounts than men.

These numbers may seem overwhelming, but you don’t have to be a statistic. With a little foresight, you can start taking steps now, which may help you in the long run. Here are three steps to consider that may put Zoetis employees ahead of the curve.

  •  Talk about money.  Nowadays, discussing money is less taboo than it’s been in the past, and it’s crucial to take control of your financial future. If you’re single, consider writing down your retirement goals and keeping them readily accessible. If you have a partner, make sure you are both on the same page regarding your retirement goals. The more comfortably you can talk about your future, the more confident you may be to make important decisions when they come up.
  •  Be proactive about your retirement after Zoetis.  Do you have clear, defined goals for what you want your retirement to look like? And do you know where your Zoetis retirement accounts stand today? Being proactive with your Zoetis retirement accounts allows you to create a goal-oriented roadmap. It may also help to adapt when necessary and continue their journey regardless of things like relationship status or market fluctuations.
  •  Make room for your future in your budget.  Adjust your budget to allow for retirement savings, just as you would for a new home or your dream vacation. Like any of your other financial goals, you may find it beneficial to review your retirement goals on a regular basis to make sure you’re on track.
  • Retirement may look a little different for women, but with the right strategies – and support – you’ll be able to live the retirement you’ve always dreamed of.
  •  Transamerica.com, 2021
  •  GAO.gov, 2021

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For more information you can reach the plan administrator for Zoetis at 10 Sylvan Way Parsippany, NJ 7054; or by calling them at 973-822-7000.

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