Managing Your Money in Retirement
Millions of Americans are retiring without adequate resources to last throughout the rest of their lives. The Financial Publishers Association is coordinating information resources here in an effort to inform retirees about the financial options available to them. Comments or questions can be directed to firstname.lastname@example.org.
RETIREMENT WEALTH KNOW-HOW: THE WEB’S 12 BEST
INVESTOR EDUCATION RESOURCES FOR OLDER INVESTORS
WASHINGTON, D.C.//March 18, 2010//Many Americans who are nearing retirement have seen their investments drop significantly in the market turmoil of the past few years. Others are more comfortably set for their retirement, but could still be derailed by swindlers, catastrophic medical expenses, and other threats. Some Americans are already retired and worry about how to properly manage their money to last throughout their golden years.
These investors and others will benefit from a major new resource being made available today from the nonprofit Alliance for Investor Education (AIE) highlighting 12 of the best Web-based resources for older investors looking to grow, protect and manage their retirement savings. The Alliance’s new “Retirement Wealth Know-How: Investor Education for Seniors” is available at http://www.investoreducation.org/retirementwealth.
AIE is the organization of the 20 leading U.S. financial-related foundations, nonprofit organizations, associations and governmental agencies.
Alliance for Investor Education President Dallas Salisbury, who also serves as president and CEO of the Employee Benefit Research Institute (EBRI) and chairman of the American Savings Education Council (ASEC), said: “Americans at or approaching retirement age have different needs from those in other life stages. While some will continue to put as much as they can into savings or lower risk investments, others who have already retired need to know how to manage their savings and investments to make them last. Senior investors are often particularly targeted by con artists. Members of the Alliance are devoted to raising awareness of the ways that those who are nearing or already in retirement can strengthen and protect their retirement nest egg.”
The new “Retirement Wealth Know-How: Investor Education for Seniors” section of the AIE Web site features the following 12 top resources for consumers:
- Understanding Your Retirement Paycheck - http://tinyurl.com/yjbes6s, National Endowment for Financial Education.
- Take Charge Before a Bad Deal Takes You - http://tinyurl.com/yhjacsk, Investor Protection Trust.
- SaveAndInvest.org for Seniors - http://tinyurl.com/yzro6p6, FINRA Investor Education Foundation.
- Senior Investor Resource Center - http://tinyurl.com/yzxsu9l, North American Securities Administrators Association.
- Investor Info for Seniors - http://tinyurl.com/yjj3e4f, Securities and Exchange Commission.
- Top Ten Ways to Beat the Clock and Prepare for Retirement- http://tinyurl.com/yg7xuc9, Employee Benefit Research Institute/Choose to Save.
- Retirement - Reinvent Yourself – http://tinyurl.com/yjtckk6, Certified Financial Planner (CFP) Board of Standards Inc.
- Surviving A Loss: Smart Steps for Coping With Widowhood - http://tinyurl.com/yhdr3jr, American Association of Individual Investors.
- Protecting and Strengthening Retirement Savings - http://tinyurl.com/yhbv3ft, Retirement Security Project.
- Retirement Issues to Watch in 2010 - http://tinyurl.com/ykje8a3, American Institute of Certified Public Accountants/360 Degrees of Financial Literacy.
- Ensuring Retirement Years Are Golden - http://tinyurl.com/yjnqk2g, CFA Institute.
- Planning for Retirement - http://tinyurl.com/yha4524, Investment Company Institute Education Foundation.
For an overview of the rest of the best investor education resources on the Web from AIE members, go to http://www.investoreducation.org.
Founded in 1996, the Alliance for Investor Education Web site at http://www.InvestorEducation.org provides investors with access to a full range of information they need to make wise investment decisions. The 21-member Alliance for Investor Education is dedicated to facilitating greater understanding of investing, investments and the financial markets among current and prospective investors of all ages. We pursue initiatives for education and join with others to motivate Americans to obtain objective information and increase their knowledge and understanding of investing.
Full members of the Alliance include: American Association of Individual Investors, American Institute of Certified Public Accountants/360 Degrees of Financial Literacy, EBRI/ASEC, CFA Institute, Certified Financial Planner Board of Standards, Inc., Financial Publishers Association, Financial Industry Regulatory Authority, Investment Company Institute Education Foundation, Investor Protection Trust, Council for Economic Education, National Endowment for Financial Education, National Futures Association, Retirement Security Project, SIFMA Foundation for Investor Education and the Securities Investor Protection Corporation.
The U.S. Securities and Exchange Commission, U.S. Commodity Futures Trading Commission, the U.S. Federal Trade Commission’s Bureau of Consumer Protection, the Board of Governors of the Federal Reserve System, and the North American Securities Administrators Association are the governmental and quasi-governmental advisors to the Alliance.
CONTACT: Ailis Aaron Wolf, for AIE, (703) 276-3265 or email@example.com.
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