PHILADELPHIA, PA — A recent report from AARP has spotlighted a growing concern among older Americans. Over half of households aged 50 and older fear they have not saved enough for retirement. Supporting this data, Northwestern Mutual’s findings reveal Americans believe they need $1.46 million for a secure retirement, yet the average savings falls below $89,000. The statistics underline a significant gap in financial preparedness, particularly as economic uncertainty and inflation add pressure.
To address this challenge, RetireUS has launched the Retire Ready Initiative, a program aimed at helping those aged 55 and older take control of their retirement planning. The initiative offers personalized financial guidance at an affordable cost, helping participants build confidence in their financial future without requiring them to open new accounts or make long-term commitments.
“The Retire Ready Initiative is our commitment to ensuring that every American nearing retirement age can access ethical and expert financial guidance,” explains Michael A. Scarpati, CEO of RetireUS. He emphasized that the initiative is designed to simplify retirement planning by making professional financial advice both accessible and affordable.
For a cost of $229, participants receive a one-year subscription that includes one-on-one access to an independent financial professional, up to three live planning sessions, and tools through the RetireUS planning cycle. These resources focus on clarifying financial goals, managing cash flow, and addressing market volatility—critical components to achieving financial stability in today’s economic climate.
RetireUS, a digital financial wellness platform, has built its reputation on offering independent, conflict-free advice tailored to individual needs. With the Retire Ready Initiative, the company aims to reduce barriers in the financial industry and empower participants to create secure, personalized retirement plans.
Americans who want to take part in the program can register online, unlocking access to exclusive tools and guidance needed to prepare for a confident and secure retirement. This initiative arrives at a crucial time, striving to bridge the financial gap for older Americans amidst rising challenges.
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