ANCHOR LEAD: Today’s retirees expect to spend 25 years in retirement and those still in the workforce plan on retiring at the age of 65. What can both sides do to ensure financial stability during their golden years? Brian Osuch has the details. (:58)
SCRIPT: Financial Fitness, I’m Brian Osuch. How will you turn your savings into lifelong income? A new study by Ameriprise Financial called Pay Yourself in Retirement, explores how retirees and pre-retirees plan to recreate their paycheck in retirement. Ameriprise Financial’s Marcy Keckler…
CUT: (Keckler) Boomers need to do several things to set up their retirement income plan. First, is to understand their expenses, second is to review their portfolio diversification strategy and finally have a tax smart withdrawal plan.
SCRIPT: Pre-retirees are starting to work on their plans and report feeling overwhelmed and anxious as they approach retirement.
CUT: (Keckler) Pre-retirees can take one key step that will boost their retirement confidence, and that’s get a plan in place. We know that when people have a plan, they’re three times more likely to say they feel confident about retirement.
SCRIPT: For more information, go to Ameriprise.com/PayYourself. That’s Financial Fitness from Ameriprise Financial Inc.
This media asset is free for editorial broadcast, print, online and radio use. It is restricted for use for other purposes.