Your Financial Organizer is a "take-action" booklet intended to help you put your finances and budget in order as a first step to preparing an effective savings strategy. The sooner you start saving, the more time your money will have to work for you.

The Organizer is divided into three sections:

SECTION I. FIGURING YOUR FINANCES provides Net Worth and Cash Flow Statements to help you assess your situation and try to find additional money for your goals.

SECTION II. GOALS, PRODUCTS AND ASSETS discusses how to apply the information from the Cash Flow Analysis to prioritize your goals and begin to select appropriate products and investments.

SECTION III. YOUR IMPORTANT RECORDS provides a convenient log where you can list your important documents and possessions, so your family will always know where they are.

After you work through the Organizer, put it in a safe place. Your personal and financial situation will very likely change over time, so you'll want to reevaluate your progress regularly.

Please note that TIAA-CREF's Web Center offers a number of interactive planning tools that can expand on the work you do in the Organizer. Some of the tools are listed in the TIAA-CREF contact information at the end of the Organizer. Please also note that although the Organizer provides a good starting point for managing your money, it is not a complete financial plan. That requires a qualified financial planner who can provide a detailed work-up and analysis, normally for a fee.

TIAA-CREF Individual & Institutional Services, LLC, and Teachers Personal Investors Services, Inc., distribute securities products. You should consider the investment objectives, risks, charges and expenses carefully before investing. Please call 877 518-9161 or visit our Website for a prospectus that contains this and other information. Please read the prospectus carefully before investing. Investment products are not FDIC insured, may lose value and are not bank guaranteed. TIAA (Teachers Insurance and Annuity Association) and TIAA-CREF Life Insurance Co., New York, NY issues insurance and annuities. TIAA-CREF Trust Company, FSB provides trust services. 529 College Savings Plans are offered through TIAA-CREF Tuition Financing Inc., (TFI), and Teachers Insurance and Annuity Association, New York, NY.

Retirement Annuity (RA) contract form series 1000.23 and 1000.24; Supplemental Retirement Annuity (SRA) contract form series 1200.7 and 1200.8; Group Supplemental Retirement Annuity (GSRA) contract form series G1250.1, (GSRAs are not available in all states); IRA annuity contract form series 1280.2; Roth IRA annuity contract form series 1280.3. After-tax annuities - Lifetime Fixed V, contract form series TCL-LFV1-STD, Lifetime Variable Select, contract form series TCL-LVS1.

© 2008 Teachers Insurance and Annuity Association-College Retirement Equities Fund (TIAA-CREF), 730 Third Avenue, New York, NY 10017.

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