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 email@example.com.
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 firstname.lastname@example.org.
FIPA Member Content
9 Retirement Killers (Provided by The Motley Fool)
Retirement is the No. 1 goal of investors. Yet, looking at the numbers, it's clear that many investors are undermining their good intentions with unfortunate actions.
6 Ways to Wreck Your Retirement (Provided by The Motley Fool)
It's easier than ever to save for retirement -- and that's a good thing, given the somewhat iffy prospects for Social Security over the long term.
Best Way to Fund Your Retirement (Provided by The Motley Fool)
We spend a lot of time talking (and writing) about the process of saving for retirement.
Protecting Your Retirement Series (Provided by Weiss Research)
- Advisers and Publishers
- Safest Investment
- Mutual Funds and ETFs
- The Life Insurance Deception
- The Pros and Cons of Annuities
The Five Stages of Retirement (Provided by TheStreet.com)
Getting ready for your golden years is about more than money.
Seven Ways to Maximize Your IRA
(A Seven Part Series provided by TheStreet.com)
Other TheStreet.com Links
IRA Investing: Don't Sell IRA Stocks at New Highs
IRA Investing: Market Indicators Weaken
IRA Investing: Mid-Term Still Looks Bullish
Spice Up That IRA
Follow Three Steps to Financial Health
Step Up Your Fund Manager Scrutiny
Getting Your Portfolio in Better Shape, Part 1
Getting Your Portfolio in Better Shape, Part 2
Constructing a Portfolio the ETF Way
Diversification Pays Off for the Holiday Portfolio
Top 10 Variable Annuity Providers
Ask TheStreet: Annuity Analysis
Don't Retire Poor -- Avoid These 10 Pitfalls
Don't Give Your Nest Egg to Uncle Sam
Smart Spending for Retirement
Reverse Mortgages 101
Parsing Through Prescription Plans
Cut Your Prescription Costs
Shop Around for Health Savings Accounts
Your Grocery Bill
House not only a home, says study (InvestmentNews.com)
Portfolio Seeks High Dividends without High Risk (InvestmentNews.com)
Health Care: Practical advice for a �graying� U.S. (Nevada Appeal)
Financial Goals Maximize Your Retirement Savings (Fort Wayne Journal Gazette)
Cut Your Retirement Health-Care Costs (Kiplinger.com)
Retirement: Make your savings last (Money magazine)
It�s Not too Late to Open an IRA, and Save for Life (Orlando Sentinel)
Final Approach to Retirement Filled with Turbulence (The Chicago Tribune)
Average Retirement Age on the Rise (Money Management Executive)
What Working Retirees Need to Know about Taxes (Fauquier Times Democrat)