7 Secrets To Saving Your Marriage Before It’s To Late
7 Secrets To Saving Your Marriage Before It’s To Late
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7 Secrets To Saving Your Marriage Before It’s To Late
Top 7 Secrets To Saving Your Marriage Relationship
Top 7 Secrets To Saving Your Marriage Relationship
A popular Ebook. A new approach to save a marriage relationship. The Top 7 Secrets will help to not only mend what is broken but will enhance their marriage experience in exciting ways. Affiliates get on board, upsell product soon available
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Categories: Retirement Savings Tags: Marriage, Relationship, Saving, Secrets.
Ebook: Saving Money through Power Shopping
Ebook: Saving Money through Power Shopping
Commission is 70% for this grocery eBook. Sales are improving as this product is a must have for families! Saving Money through Power Shopping: How to Immediately Save 40-70% on Your Grocery Bill.” The ultimate guide to couponing and grocery savings.
Ebook: Saving Money through Power Shopping
Saving Your Marriage With Trust & Love.
Saving Your Marriage With Trust & Love.
We Provide A Complete Roadmap For Saving Your Marriage Or Relationship – Learn The Secrets Now!
Saving Your Marriage With Trust & Love.
Categories: Retirement Savings Tags: Love, Marriage, Saving, Trust
Marsha Bailey’s Secrets For Saving A Marriage
Marsha Bailey’s Secrets For Saving A Marriage
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Economic Climate, Escalating Health Care Costs Make Saving for Retirement Difficult; Not Impossible : Nationwide Updates RetirAbility CheckSM to Account for Health Care Costs in Retirement
Economic Climate, Escalating Health Care Costs Make Saving for Retirement Difficult; Not Impossible : Nationwide Updates RetirAbility CheckSM to Account for Health Care Costs in Retirement
COLUMBUS, Ohio (PRWEB) December 9, 2008
The 17-point increase in the National Retirement Risk Index (NRRI) from the previous Index number of 44 percent – released in January 2007 – demonstrated how the surging cost of health care was significantly affecting retirement savings. But, as the nation’s economy continues to struggle, many Americans are beginning to cut back on their long-term financial plans due to rising costs of everyday necessities.
“Today’s economic environment plays a large factor in what steps people are taking to safeguard their future financial security,” said Brad Davis, vice president of marketing, Individual Investments Group at Nationwide Financial. “There is an even greater feeling of insecurity and vulnerability, especially during these demanding economic times. With more and more companies ceasing defined benefit plans and with mounting concerns about Social Security, some sources of expected post-retirement income may not be available to Americans. So, they need to take a more active and responsible role to secure their safe retirement.”
Education and online resources may help consumers plan for retirement and health care costs
To help consumers better prepare for retirement, Nationwide Financial Services, Inc. (NYSE: NFS) updated RetirAbility CheckSM to account for the rising cost of health care. This informative, interactive online experience aligns with the new NRRI data, which only Nationwide has exclusive access to because of its support of the retirement research being done by the CRR. Since its founding in 1998, the CRR is considered by many as an authoritative source of information and perspective on all major aspects of the retirement discussion.
“This latest update to RetirAbility Check is important because the rising cost of health care affects every retiree at some point in their lives,” Davis said. “Our free online site gives consumers an even more accurate picture of the impact of these rising costs, and enables them to consider this information as they prepare for retirement.
“Many in America have to rethink how they are going to make it to retirement, not just what to plan for when they finally do retire,” Davis said. “The Index also shows that the risk will rise for younger workers and low-income households. The Index number could be considerably higher once long-term care costs are taken into account, and if households do not plan judiciously. There are more reasons today to educate ourselves, and consider working with a financial professional on a plan that’s right for every individual’s circumstances.”
What is RetirAbility Check?
RetirAbility Check (http://www.nationwide.com/rscore/nrri1208) is an online, interactive resource that provides consumers with a basic retirement readiness score – called an R-ScoreSM – to illustrate how financially prepared they are for retirement. For example, if a person’s R-Score is 56, he or she is on track to have 56 percent of what they need financially in retirement. A score of 100 is the goal.
First introduced in late 2006, RetirAbility Check uses NRRI data to determine the R-Score. In addition to updating the online site to account for rising costs of health care, additional changes were made, including updates to the user interface and the creation of an express mode to expedite the process for returning users.
“Nationwide translates the Index findings and implications into a consumer-friendly format that goes beyond the numbers to keep consumers engaged. RetirAbility Check takes the national index of retirement readiness to a personal level,” Davis said.
How RetirAbility Check works
To start, consumers input basic information such as birth year, earnings and any current retirement plan balances. During the process, an on-screen peer – similar in age and gender – guides the user and provides information, tips and facts along the way.
Once complete, the information provided is analyzed using assumptions and patterns of behavior identified by Boston College — including cost of living and medical expenses in retirement — and gives users their R-Score.
After getting their R-Score, users can learn about ways to improve their score, as well as access additional educational resources, tips and calculators geared to help them better prepare for retirement. The site also provides information about how an investment professional could help with retirement planning.
To get your own R-Score, visit http://www.nationwide.com/rscore/nrri1208.
About Nationwide Financial
Nationwide Financial Services, Inc. (NYSE: NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers invest1 and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers.
It’s part of the Nationwide group of companies, which offers diversified insurance and financial services. The group is led by Nationwide Mutual Insurance Company, which is ranked No. 108 on the Fortune 500 based on 2007 revenue.2 For more information, visit http://www.nationwide.com.
RetirAbility Check is provided for educational purposes only and is not intended as advice. All investing involves market risk, including the possible loss of principle. Neither Nationwide nor any of its representatives give legal or tax advice. Please consult with your legal or tax advisor for such guidance. Nationwide, Nationwide Financial, the Nationwide framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company. RetirAbility Check and R-Score are service marks of Nationwide Mutual Insurance Company.
1 Nationwide Investment Services Corporation, member FINRA. In MI only: Nationwide Investment Svcs. Corporation.
2 Fortune Magazine, April 2007
Savings Tips for Consumers
Reduce debt. According to the Federal Reserve, consumer debt is more than $ 2 trillion. And according to the Fed’s 2004 Survey of Consumer Finances, the average American was carrying more than $ 2,000 in credit card debt alone. Try to pay off your credit cards as quickly as possible, and don’t just pay the monthly minimum. Shop around for cards with better rates. Control unnecessary spending. Sure that non-fat, decaf, mocha-grande-whatever tastes good but at $ 4 a pop, it adds up. If you bought one per day, that’s $ 1,460 annually. And that’s just for coffee purchases. Think about the things you buy that you can cut back on. Put that money to work for you instead. Have a 401(k) or similar savings program? Great! Are you withholding the bare minimum or are you “maxing” out your withholding? Consult with your plan provider to see how you might do better, what options are available and so on. Use online resources to help evaluate your personal financial situation. Nationwide’s RetirAbility CheckSM (http://www.nationwide.com/rscore/nrri1208) lets users plug in basic financial and demographic information, and returns an R-ScoreSM, which is a number that tells them if they’re on track to maintain their standard of living in retirement. This engaging resource also offers personalized suggestions and tips for R-Score improvement. The R-Score is calculated using data from the National Retirement Risk Index and other metrics. Start the conversation about future medical costs with your doctor, your family, your investment professional and your employer. Find more information in the “Health Care” section on the Improve Your R-Score screen of RetirAbility Check. Seek professional help. Consider working with a licensed, qualified investment professional whose business and personal styles suit your needs. Start today!
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, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Nationwide Retirement Tags: Account, Care, CheckSM, Climate, Costs, Difficult, Economic, Escalating, health, Impossible, Nationwide, RetirAbility, Retirement, Saving, Updates
Don?t Rely on Social Security or Pensions — ?Wealth Odyssey? Explains Simple Retirement Saving Formula
Don’t Rely on Social Security or Pensions — ‘Wealth Odyssey’ Explains Simple Retirement Saving Formula
(PRWEB) March 28, 2006
PRWEB) March 28, 2006 — The old “three-legged stool” of the past is losing some of its legs and putting more and more pressure on people. Before, the combination of pensions, Social Security and personal savings in retirement plans were what people relied on for retirement. Nowadays, with pressures on Social Security and pensions, it has become even more important for people to focus on the third leg – personal retirement plans – those through employers and IRAs and Roths.
What is a simple retirement savings formula? How can a person judge if they are on track or not? The critical questions people need to ask is: “What is the savings formula?” The savings formula is the amount needed to retire (AMTR) times the withdrawal rate (WR) (called “Wealth Rule” in “Wealth Odyssey”) equals today’s Standard of Individual Living (SOIL), or SOIL = AMTR * WR. Therefore, SOIL / WR = AMTR. There you have it!
SOIL is today’s living expenses – everything you are currently spending to support your standard of living. The starting point is really what you earn – since most people spend all they earn. SOIL does not include what you are currently saving towards retirement. Now, to adjust SOIL for retirement, subtract what you are contributing towards Social Security; this equals your Retirement SOIL. How much of your Retirement SOIL is funded through Social Security benefits and pensions? Subtract these amounts from your Retirement SOIL and you arrive at your Unfunded Retirement SOIL. This is the first number for the simple formula.
The second formula number comes from the “Wealth Rule,” which is the percentage of how much you will withdraw each year to support your expenses. The website http://www.WealthOdyssey.com explains how to determine this based on your age; 5 percent should be the maximum, unless a qualified advisor has determined some other rate for you.
An example: SOIL is $ 64,000 income reduced by $ 4,000 contributed to a Roth, equals $ 60,000. There is no pension, and Social Security is estimated to be (from their annual statement from Social Security) $ 12,000. This means the Unfunded Retirement SOIL is $ 48,000. If the withdrawal rate is 4 percent (.04), then $ 48,000 divided by .04 equals their AMTR, or $ 1.2 million. What are your numbers? Everybody is different.
Now, a person knows how much they need to retire with to support today’s standard of living expenses. They can determine if they are on track by comparing how much they have currently saved to this – let’s say $ 250,000 between a Roth and 401k. So, they still need $ 950,000 before they can retire. How many years of saving do they have left? Only they know.
Now people can see what they lose in monthly pension or Social Security benefits, they must compensate themselves for that loss by saving more elsewhere – in their 401k, 403b, 457, IRA and/or Roth. How much more? Simply determine the Unfunded Retirement SOIL and do the simple math above.
Here is where it should hit home – people are not saving enough. What elements can they control? Certainly not the stock market! They can control how much they don’t spend, i.e., save more. And, they control how long they work (how long they save), health permitting. But save they must! Studies show that a person will have more money by saving more than trying to get a higher return on lower saving rates. By saving more, this actually helps reduce the problem. Saving more means the SOIL has also been reduced which means the AMTR is reduced as well. An example of this is at http://www.WealthOdyssey.com .
Today, more so than ever before, people need to understand how to balance their spending today with their retirement income needs of tomorrow. It is a matter of sustainable living. Most people have unsustainable standards of living. Between the lines, people need to understand the ramifications of changing Social Security and pensions. The common denominator for this balance is how much they save towards their AMTR.
With Social Security and pensions between a rock and a hard place, prudent people would save more and spend less in order to sustain their unique Standard of Individual Living into retirement. The world is changing – people need to change with it.
Contact:
Larry R Frank Sr., MBA, CFP, Author, Wealth Odyssey
Wealth Odyssey
(916) 773-3509
http://www.WealthOdyssey.com
# # #
©Copyright 1997-
, Vocus PRW Holdings, LLC.
Vocus, PRWeb, and Publicity Wire are trademarks or registered trademarks of Vocus, Inc. or Vocus PRW Holdings, LLC.
Categories: Social Security Retirement Tags: Don't, Explains, Formula, Odyssey, Pensions, Rely, Retirement, Saving, Security, Simple, Social, Wealth
Money Saving Wedding Guide
Money Saving Wedding Guide
It is possible to have the elegant wedding of your dreams And have a budget at the same time! Get our Money Saving Wedding Guide and get started today!
Money Saving Wedding Guide
Categories: Retirement Savings Tags: Guide, Money, Saving, Wedding
Saving for Retirement without Living Like a Pauper or Winning the Lottery
Saving for Retirement without Living Like a Pauper or Winning the Lottery
- ISBN13: 9780132271905
- Condition: New
- Notes: BRAND NEW FROM PUBLISHER! BUY WITH CONFIDENCE, Over one million books sold! 98% Positive feedback. Compare our books, prices and service to the competition. 100% Satisfaction Guaranteed
Award-winning personal finance columnist read by millions of people each week The Incredibly Simple, Step-by-Step Guide to Investing Money for Your Future! “A cover-to-cover must-read for everyone 16 to 60 who wants to live the American Dream. The earlier we choosetosave®, the sooner we can stop saving, and the later we start saving the more we need to know in order to catch up. What you need to know; where you can find the answers; how you can take action. It is all here.”
Categories: Retirement Savings Tags: Like, Living, LOTTERY, Pauper, Retirement, Saving, Winning, without
Saving Money Power Tips
Saving Money Power Tips
How To Save Lots of Money And Buy What You Want…
Saving Money Power Tips
Categories: Retirement Savings Tags: Money, Power, Saving, Tips
