Planning for Retirement Can Lead Americans toward a Financially Secure Future

Walnut Creek, CA (PRWEB) March 20, 2014

Each day many Baby Boomers enter their retirement years. They are members of a generation who are largely unsure of their financial future as seen in the latest research findings from the Insured Retirement Institute (IRI). For four years, IRI has seen Baby Boomers’ confidence in their financial preparations for retirement steadily dropping, with only about a third optimistic about their situation.

While Baby Boomers have redefined life at every corner, their lasting legacy may be in how Americans prepare for their retirement years. Through the course of their working years, a unique set of challenges has emerged, including changes in employee benefits, longer life spans, uncertainty with Social Security and Medicare, as well as rising cost of health care. As a result, preparing for and financing one’s retirement seems increasingly a matter of self reliance, with more Americans shouldering the burdens themselves. This new paradigm is largely responsible for the confidence deficit observed among Baby Boomers.

But the National Retirement Planning Coalition – a group of prominent education, consumer advocacy and financial services organizations – says this does not have to be the case. Crafting a holistic financial plan for retirement can restore confidence and help build savings for those post-working years. To help spread its message, the coalition has organized National Retirement Planning Week®, a national effort to help consumers focus on their financial needs in retirement. Vitucci & Associates of Walnut Creek, Ca is proud to announce that it will be supporting National Retirement Planning Week® 2014, which will take place from April 7 to 11.

“We understand how the challenges of every day priorities and the pressures of looking at the future can make planning for retirement initially seem daunting, but it certainly doesn’t have to be,” said Vitucci & Associates CEO Pat Vitucci. “Carving some time out on a routine basis to review your finances and assess you financial preparedness for retirement is an achievable first step. Being proactive about planning and seeking professional guidance when warranted can help Americans achieve financial freedom.”

The coalition, led by IRI, recognizes that the need to educate Americans on retirement planning is an ongoing effort and is committed to making this a national priority. National Retirement Planning Week® and other coalition activities will demonstrate that it is possible to “Retire On Your Terms” if comprehensive retirement plans are properly developed and managed. To support these education efforts, the coalition has collected the latest resources to help consumers and financial professionals focus on long-term financial goals. These tools are available year-round at http://www.retireonyourterms.org.

Throughout the week, the coalition and its supporters will release additional educational materials in conjunction with the event’s agenda. The coalition will also encourage retirement planning through nationally distributed radio, television and print spots, a coordinated media outreach program, and a host of events throughout the week.

To support the efforts of the coalition, Vitucci & Associates will offer complimentary retirement planning consultations in any of its 17 San Francisco Bay Area offices.
For a no obligation appointment, just call 1 800 472 8305 or visit the website at http://www.dontinvestandforget.com.

Vitucci & Associates has served Bay Area investors for more than 25 years, providing clients with an array of financial services. The firm specializes in individual and company portfolio management with an emphasis on retirement planning.

About the Insured Retirement Institute: The Insured Retirement Institute (IRI) is the leading association for the retirement income industry. IRI proudly leads a national consumer coalition of more than 20 organizations, and is the only association that represents the entire supply chain of insured retirement strategies. IRI members are the major insurers, asset managers, broker-dealers/distributors, and 150,000 financial professionals. As a not-for-profit organization, IRI provides an objective forum for communication and education, and advocates for the sustainable retirement solutions Americans need to help achieve a secure and dignified retirement. Learn more at http://www.irionline.org.

Securities and advisory services offered through National Planning Corporation (NPC), member FINRA/S.I.P.C., a registered investment advisor. Pasquale Vitucci, CA insurance Lic # 0106319. Vitucci & Associates Insurance Services and NPC are separate and unrelated.
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