Category Archives: Retirement

New Book by Life Options Institute Offers Non-Financial Tips for Retiring Boomers

Posted by on August 6, 2011 1 comment

New Book by Life Options Institute Offers Non-Financial Tips for Retiring Boomers












New York, NY (PRWEB) August 13, 2008

”What’s Next in Your Life?,” a guide to the non-financial aspects of retirement, written by Joan Strewler-Carter and Stephen Carter, co-founders of the Life Options Institute, an organization dedicated to helping people plan for life after age 50, has just been released.

Published by Rockhill Books, ”What’s Next in Your Life?” is written to appeal to the nation’s 76 million baby boomers who, while they may have already planned for their financial retirement, need the tools to plan for a more fulfilling and rewarding life after 50, according to Ms. Strewler-Carter.

“The media continues to hammer the message of planning for your financial retirement, when there are so many non-financial issues to be considered including: at what age do you retire, do you continue working, do you relocate, consider wellness issues, etc.” adds Mr. Carter.

Internationally recognized authorities on career and life planning, the Carters provide guidelines on how to approach retirement, present several options, and offer advice and how-to steps that help to explain the non-financial aspects of retirement.

Written in a simple and direct style that presents information quickly and clearly, ”What’s Next in Your Life?” is easy to read yet covers a great deal of important material. It includes personal anecdotes from people facing retirement or already retired to illustrate critical points.

”What’s Next in Your Life?” along with a companion workbook, are available for purchase at http://www.WhatsNextInYourLife.com and http://www.Amazon.com . The cost of the book is $ 14.95 and the workbook is $ 9.95.

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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







New Survey By Diversified?s Retirement Research Council Reveals That Setting Retirement Savings Goals Leads to Increased Engagement and Savings

Posted by on July 5, 2011 1 comment

New Survey By Diversified’s Retirement Research Council Reveals That Setting Retirement Savings Goals Leads to Increased Engagement and Savings











Diversified is a leading provider of customized retirement plan administration, participant communication and open architecture investment solutions for mid- to large-sized organizations.


Harrison, NY (PRWEB) May 05, 2011

When people set a goal for their retirement savings, they tend to be more engaged in actively planning for their retirement. This includes increasing the amount they actually save and staying on top of news associated with their specific retirement plans. The survey of more than 2,400 plan participants, conducted by Diversified’s Retirement Research Council, showed that employees have become more active in their retirement planning within the last year.

Specifically, 29% of respondents established a retirement income goal in the past year, an eight percentage point increase from 2010. Forty-one percent increased the amount they are saving for retirement, a three percentage point increase over last year. In addition, 62% of those surveyed said they monitored their retirement outlook to assess where they stand vis-à-vis their retirement income goals and for insight into how they can adjust their asset allocation or contribution level to improve their outlook.

The survey also underscored the benefit of educating participants about goal setting, with 71% of respondents who are not confident they will have enough for retirement saying they were likely to contribute more to their retirement savings accounts if they were educated on how much they actually needed to retire. Participants overall indicated they want this kind of assistance as well – 57% expressed interest in getting help with setting goals and 50% would welcome assistance with monitoring goal progress.

“These results are a very positive indication that people have become much more attuned to the responsibility they have in meeting their retirement needs and that participant communications and education can have a meaningful impact on helping them reach a funded retirement,” noted Patricia Advaney, senior vice president of Participant Solutions for Diversified. “This is really a call to action to the industry. Even though the burden of funding retirement has decidedly shifted to participants, employers and plan providers can play a critical role in helping them to that end.”

Among the survey’s other findings:

    Participants are saving more for retirement—66% of participants are saving 6% or more, a six percentage point increase over the number of respondents doing so a year ago.
    While most participants have a retirement goal, they are not very confident they will have enough for retirement and 35% were simply guessing about the amount they needed.
    Less than one-in-three participants are confident about the amount of income they will have in retirement: only 7% said they are extremely confident and 21% said they are very confident. Those without a goal are even less confident, with only 2% saying they are extremely confident and 6% very confident.
    The good news is that participants are increasingly interested in seeking help to establish a retirement income goal: there was an eight percentage point increase in the number of participants who want help in creating goals over last year (now 57%). Fifty-two percent want help understanding their investment options (a 12 percentage point increase from last year’s survey) and 50% want help measuring progress toward their goals (a 10 percentage point increase over last year).

About Diversified

Diversified is a leading provider of customized retirement plan administration, participant communication and open architecture investment solutions for mid- to large-sized organizations. The company’s expertise covers the entire spectrum of defined benefit and defined contribution plans, including: 401(k) and 403(b) (Traditional and Roth); 457; nonqualified deferred compensation; profit sharing; money purchase; cash balance and Taft-Hartley plans; and rollover and Roth IRA. Diversified helps two million participants save and invest wisely for and throughout retirement.

Headquartered in Harrison, NY, the company’s regional offices are located in Arkansas, California, Florida, Illinois, Iowa, Louisiana, Maryland, Massachusetts, New York, North Carolina, Ohio, Oregon, Pennsylvania, Texas, Utah and Wisconsin. To learn more, visit http://www.divinvest.com.

About Diversified’s Retirement Research Council™

The Retirement Research Council, the research group of Diversified, is dedicated to:

    Portraying a comprehensive picture of the institutional retirement plans market;
    Detailing trends to assist with the strategic evaluation of retirement plans; and
    Providing retirement plan sponsors and their advisors with comprehensive benchmarking information.

Drawing on more than 50 years of experience in retirement plan management, the Council periodically assembles a panel of experts from all facets of the retirement plans market to evaluate the current and future impact of trends shaping our industry.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Online Retirement Planning Consultancy Urges Taxpayers to Demand that United Airlines Fulfill its Pension Obligations

Posted by on April 28, 2011 1 comment

Online Retirement Planning Consultancy Urges Taxpayers to Demand that United Airlines Fulfill its Pension Obligations










San Francisco, CA (PRWEB) May 2, 2005

Following United Airlines’ petition to have the U.S. government take over its pension obligations, Retirement-4-U, a retirement planning consultancy, is calling upon American taxpayers to voice their opposition to this move.

“We at Retirement-4-U urge the American public to write to the U.S. Bankruptcy Court and their legislators, strongly expressing their opposition to United’s bailout,” says Stephen B. Carkeek, Founder of Retirement-4-U (http://www.retirement-4-u.com). “The American taxpayer should not have to foot the bill for United’s incompetence and mismanagement.”

United Airlines has petitioned the U.S. Bankruptcy Court to stop making its pension payments as of June 30, 2005, and wants the U.S. government to fulfill those pension obligations. Already the Pension Benefit Guaranty Corporation (PGBC) has announced its settlement with United to become trustee of the company’s four pension plans. This is awaiting approval by the Bankruptcy Court, and a ruling is expected from the Court in the Northern District of Illinois on May 4.

The bailout, points out Carkeek, will set a dangerous precedent, because other airlines in financial difficulties will expect similar treatment, further burdening the American taxpayer. And it’s not just the taxpayer who suffers; United’s own workforce will too. Even as it is unable to fulfill its present obligations, United is promising its current employees even greater pension benefits. According to the terms of the bailout and the PGBC’s partial guaranty, United’s host of pensioners will not be receiving their benefits in entirety.

“United should not be allowed to run away from its obligations,” says Carkeek. Even if United goes bankrupt, its asset sales should fund the pension payments, and it should not be allowed to promise greater benefits to its current employees.

“For long, United has claimed that it has been flying the friendly skies, but these moves on its part make it a very unfriendly airline indeed,” says Carkeek. “By being pro-active and speaking out, we can ensure that United Airlines does not push the burden of its own obligations onto the hardworking, taxpaying American.”

About Retirement-4-U:

Retirement-4-U is a consultancy for successful retirement, providing accurate, unbiased retirement plans for a simple one-time fee. Since 2001, Retirement-4-U has been putting its 80 years worth of combined experience and its proprietary retirement planning software to the service of thousands of clients across the United States, ensuring that their post-retirement days are comfortable and secure. For more information, please visit http://www.retirement-4-u.com/.

Contact:

Stephen B. Carkeek

601 Van Ness Ave., Suite E3-513

San Francisco, CA 94102

925-922-0122

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







Awareness of Retirment Issues and Desire To Serve Growing Baby Boomer Market Earns Missouri Financial Planning Student First Scholarship in New University Program

Posted by on April 6, 2011 1 comment

Awareness of Retirment Issues and Desire To Serve Growing Baby Boomer Market Earns Missouri Financial Planning Student First Scholarship in New University Program










CHICAGO (PRWEB) September 16, 2005

Kevin Storm, a financial planning student at the University of Missouri-Columbia, will receive the NAGDCA/InFRE Arthur N. Caple, Jr., Memorial Scholarship in recognition of his academic achievements and awareness of issues affecting the growing field of retirement income management, the International Foundation for Retirement Education (InFRE) announced today.

Storm, a senior from Gravois Mills, Mo., will accept the scholarship Monday during the 2005 NAGDCA (National Association of Government Defined Contribution Administrators) Annual Conference in Miami. The award provides $ 1,000 for educational expenses and tuition to cover pursuit of InFRE’s Certified Retirement Counselor® (CRC®) designation.

“As the Baby Boomers approach retirement, the need for financial advisors and retirement counselors becomes more and more evident,” Storm says. “This creates a huge opportunity for college students in my generation to help as advisors, and the CRC® program will be vital to our success in this field.”

Criteria for the scholarship, developed by NAGDCA and InFRE, focused on awareness of retirement income issues and knowledge of the personal finance industry.

A candidate must also be a U.S. citizen and a junior, senior or graduate financial planning student at one of the universities participating in the InFRE University Partnership Program, a new and unique project that enables financial planning students at participating universities to complement their curricula with InFRE-designed self-study components previously available only to retirement planning professionals.

The scholarship honors Arthur N. Caple, Jr., former Executive Director of the State of Maryland Supplemental Retirement Plans and former President of NAGDCA, who died in 2004. It is the first scholarship to recognize achievements by students in the University Partnership Program, which includes the University of Alabama; University of Georgia; Kansas State University; University of Missouri; and Texas Tech University.

The International Foundation for Retirement Education was founded in 1997 and is dedicated to informed, comprehensive education and certification programs for retirement professionals and to helping the American worker achieve retirement security. For more information about InFRE and retirement income management, call 847-756-7350 or visit http://www.infre.org.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







NewRetirement.com Launches New Reverse Mortgage Calculator for Seniors

Posted by on February 8, 2011 1 comment

NewRetirement.com Launches New Reverse Mortgage Calculator for Seniors












San Francisco, CA (PRWEB) April 13, 2010

NewRetirement.com , a retirement information and advocacy company, has released a new reverse mortgage calculator for seniors and their relatives. The new calculator is available both direct to consumers on the NewRetirement.com website and for use on other websites in the form of a widget.

The calculator first screens user input to confirm eligibility for reverse mortgages. Then, after determining eligibility for those that qualify, the calculator shows a market based estimate of the size reverse mortgage loan the user can expect to receive from a reverse mortgage lender. The reverse mortgage calculator uses homeowners’ ages, value of their homes, and the balance on any mortgages or liens to calculate the estimated loan amount.

Unlike most online reverse mortgage calculators, the NewRetirement calculator uses an average of interest rate margins and program fees from across the industry, giving the homeowner a baseline estimate. This baseline can be used to compare with individual reverse mortgage offerings from various lenders in their area.

The calculator gives results for both HECM fixed-rate reverse mortgages, and adjustable-rate reverse mortgages. It also gives the homeowners a breakdown of how they can select to receive the loan, either in the form of lump sum payments, monthly payments, or as a line of credit.

The calculator is easily accessed on the NewRetirement website’s reverse mortgage section. To assist other websites provide their visitors with a quick reverse mortgage loan assessment, the tool is available for free and easily installed on any other website as a “widget”. Website administrators interested in learning more about the NewRetirement reverse mortgage calculator widget can visit the widget demonstration page or contact NewRetirement at 877-631-4007, or by email via the contact form on the NewRetirement website.

About NewRetirement LLC: NewRetirement.com, founded in 2004, is a retirement information and advocacy website that visited by hundreds of thousands of seniors each month. The website is dedicated to providing detailed and balanced information on the financial tools and options available to seniors in or nearing retirement. NewRetirement.com’s corporate headquarters is located at 100 Pine St, Suite 590, San Francisco, California 94111. Paul Lowrey, Director of Marketing, can be reached at 415-373-0311.

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.







New Retirement-Focused Website Counters the Hype From Companies Who Hold the Money

Posted by on January 21, 2011 1 comment

New Retirement-Focused Website Counters the Hype From Companies Who Hold the Money










(PRWEB) May 06, 2011

Laterra, LLC announces a new website focused on educating people about retirement planning. One of the goals for the website is to help people find a common sense approach for preparing for retirement. The website, http://www.retirement-planning-for-real-people.com offers step by step guidance for developing a retirement budget and raises other considerations that some people often overlook when preparing for retirement. Visitors have the opportunity to submit their own “real people” stories about their retirement experiences and decisions.

There are many articles online advising people to work longer, reconsider early retirement, and save more. Financial services companies fear the mass exodus of their baby boomer clients, so it is in their best interest to inspire in them a fear of running out of money. This website helps counterbalance their discouraging message with a well thought out approach and detailed plan. As the site matures, the company hopes the experiences submitted by real people will help others create their plan to retire with confidence.

For more information, see http://retirement-planning-for-real-people.com or email realinfo(at)retirement-planning-for-real-people(dot)com

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Vocus©Copyright 1997-

, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.