This week is National Save for Retirement Week and you’re clients are probably thinking, “Another made up holiday so somebody can sell me something.”
Well, it may be a made up “week,” but it is one that has merit. National Save for Retirement Week is about raising awareness for one of the largest issues facing Americans—actually saving for retirement.
Now you think I’m exaggerating, but I’m not. The reason retirement planning and saving for the future is a topic that is on every news program, in every financial magazine and important enough to be recognized by a week-long event is because many Americans are grossly unprepared to bear the financial responsibility of retiring. In fact, according to the 2017 Retirement Confidence Survey, about 24% of workers (and fully 21% of retirees!) said they had less than $1,000 saved for retirement. A whopping 55% of workers and 38% of retirees had less than $50,000.
The goal for National Save for Retirement week is to provide the working population of America with information and tools that can help them plan for a successful retirement. October is an excellent time to leverage National Retirement Savings week resources to host and conduct your own retirement planning seminars with your prospects and clients.
Use the information and tools below to help your clients be aware of the importance of saving for the future! Use this week to encourage them to take action and start to save.
Here are some calculators and resources to help get you started:
What a better week than to learn more about what our new FIT Retirement Series Flexible Premium Deferred Annuity products can do for you and your clients.
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