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Early Planning is Key to More Security in Retirement Six in ten boomers (62 percent) believe that their personal financial situation will be the same or worse five years from now, and the majority (60 percent) believe their financial security in retirement will be the same or worse than that of their parents.
This is why during National Retirement Planning Week, help April 9-13, 2012, Americans were urged to make time for retirement planning and establishing their long-term financial goals, demonstrating that if comprehensive retirement plans are properly developed and managed, it is possible to "Retire On Your Terms." The National Retirement Planning Coalition recognizes that the need to educate Americans on retirement planning is an ongoing effort and is committed to making this a national priority. To support these education efforts, the coalition has collected the latest resources to help consumers and financial professionals focus on long-term financial goals. These tools are available year-round at www.retireonyourterms.org . About National Retirement Planning Week® 2012: National Retirement Planning Week® 2012 takes place from April 9 to 13. Held during financial literacy month, National Retirement Planning Week® is led by the National Retirement Planning Coalition--a group of prominent financial industry, education and advocacy organizations that have joined together to increase awareness of the need for comprehensive retirement planning. About the National Retirement Planning Coalition: The National Retirement Planning Coalition, a group of prominent financial industry, education and advocacy organizations, have joined together to raise public awareness of the need for comprehensive retirement planning. The NRPCis headed by IRI, and includes America Saves, American Council of Life Insurers (ACLI), American Savings Education Council (ASEC), Americans for Secure Retirement (ASR), Center for Retirement Research at Boston College, Defined Contribution Institutional Investment Association (DCIIA), Employee Benefit Research Institute (EBRI), Financial Services Institute (FSI), Financial Services Roundtable (FSR), Jump$tart Coalition, National Association for Fixed Annuities (NAFA), NICSA, Retirement Income Industry Association (RIIA), The American College, The Aspen Institute, and the Women’s Institute for a Secure Retirement. |
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MINNEAPOLIS, Apr 12, 2012 (BUSINESS WIRE) -- Baby Boomers continue to have concerns about retirement security, according to the latest survey from the Insured Retirement Institute (IRI).