FOR IMMEDIATE RELEASE
September 5, 2012
Tiffany Lundquist, 202-434-2560
AARP Unveils New Retirement Planning Tools
Follows survey saying 65 percent worry about not having enough to retire
WASHINGTON –AARP today unveiled a new Ready for Retirement website featuring a brand-new Social Security Question and Answer (Q&A) interactive tool providing answers to the more than 11,000 questions AARP has received on the issue.
Sixty-five percent of respondents to an August AARP survey said they worry they won't have enough to retire, and 72 percent believe they will have to delay retirement. The new website offers a simple five-step approach featuring calculators, quizzes, interactive seminars, articles and tips.
“As pensions disappear for many American families, preparing for a successful retirement has become increasingly important, and AARP wants to ensure people have the tools they need to save for their futures,” said Jean Setzfand, AARP Vice President for Financial Security. “The new Ready for Retirement site shows people the actions they need to take to plan out the retirement they want.”
The AARP.org Ready for Retirement site walks users through the planning process step-by-step, from setting their retirement goals, determining how to maximize their Social Security income, and budgeting and generating enough lifetime income to meet the rest of their needs.
Social Security provides the backbone for most Americans’ retirement planning, but studies have shown that most Americans have a limited understanding of how the program works. The AARP Social Security Q&A Tool aims to clear up some of that confusion by providing instant answers to the 11,000 Social Security-related questions that have been submitted to AARP’s financial security experts through phone calls, letters, emails and live “ask-the-experts” webinars.
The tool is free, but requires users to register on the AARP.org website. If users of the tool have a question not included, they can ask AARP for an answer and will receive a timely response.
Additionally, the Ready for Retirement website includes several other popular and free decision-making tools, including AARP’s Social Security Benefits Calculator, Retirement Calculator, the 401(k) Calculator and the 401(k) Fee Calculator.
For more on the Social Security Question and Answer tool or the new Ready for Retirement site information visit www.aarp.org/readyforretirement.
AARP is a nonprofit, nonpartisan organization, with a membership of more than 37 million, that helps people 50+ have independence, choice and control in ways that are beneficial to them and society as a whole. AARP does not endorse candidates for public office or make contributions to either political campaigns or candidates. We produce AARP The Magazine, the definitive voice for Americans 50+ and the world's largest-circulation magazine; AARP Bulletin, the go-to news source for the 50+ audience; AARP VIVA, a bilingual lifestyle multimedia platform addressing the interests and needs of Hispanic Americans; and national television and radio programming including My Generation and Inside E Street. The AARP Foundation is an affiliated charity that provides security, protection, and empowerment to older persons in need with support from thousands of volunteers, donors, and sponsors. AARP has staffed offices in all 50 states, the District of Columbia, Puerto Rico, and the U.S. Virgin Islands. Learn more at www.aarp.org.