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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
Tags >> National Risk Retirement Index

Nationwide financial study defines retirement segments

Posted by RJ and Makay on Sep 27, 2010

>> Read More RJ & Makay Blog Posts

According to NationwideImagea new study released today by Nationwide Financial, 88 percent of Americans are confident they know what it will take to support their lifestyle in retirement. Yet, 44 percent of the country's households are 'at risk' of being unable to maintain their standard of living in retirement based on the updated National Risk Retirement Index that was recently announced by the Center for Retirement Research at Boston College.

"The key to a good retirement is summed up in the age-old wisdom: 'know thyself,'" said Gordon Hecker, senior vice president at Nationwide Financial. "With nearly 50 percent of the country financially unprepared for a secure retirement, consumers need to take steps to understand themselves and to better prepare, regardless of which category they fall into. The sooner people understand their goals for retirement the sooner they can begin preparing for the retirement they want."

Nationwide financial study defines retirement segments

Posted by RJ and Makay on Sep 27, 2010

>> Read More RJ & Makay Blog Posts

According to NationwideImagea new study released today by Nationwide Financial, 88 percent of Americans are confident they know what it will take to support their lifestyle in retirement. Yet, 44 percent of the country's households are 'at risk' of being unable to maintain their standard of living in retirement based on the updated National Risk Retirement Index that was recently announced by the Center for Retirement Research at Boston College.

"The key to a good retirement is summed up in the age-old wisdom: 'know thyself,'" said Gordon Hecker, senior vice president at Nationwide Financial. "With nearly 50 percent of the country financially unprepared for a secure retirement, consumers need to take steps to understand themselves and to better prepare, regardless of which category they fall into. The sooner people understand their goals for retirement the sooner they can begin preparing for the retirement they want."