Benefits of Corporate Retirement Planning Education

1. Productivity
Employees in the pre-retirement phase of life are frequently over-stressed by concerns related to their finances, career, goals, and their physical and emotional well being. Company performance is inescapably affected by employees who are immersed in such anxieties. A comprehensive life-planning program can relieve much of this anxiety by giving employees the tools, expertise, and confidence to take charge of their professional and personal lives.

2. Health Care Cost Containment
The largest health care costs are usually associated with workers and retirees, aged 50+. The content of the health/wellness segment is geared to educate employees on the basic principles of wellness after 50: diet, exercise, and stress management. The objective is to make employees aware of the need to take charge of their own health maintenance now, if they are to enjoy current good health and in the retirement years ahead.

3. Adjust to Existing Human Resource Programs
The information presented in many of the Life Planning Segments reinforces information presented in existing employee enrichment programs, and encourages present and future participation in such programs. Wellness programs align with the content of the Mid-Life Health Maintenance Segment. Stress Management Programs align with the Goal Setting, Wellness, Life-Style and Financial Planning Segment. Career Development programs align with the Career Advancement Segment.

3. Benefits Communication
Life Planning Education provides an appropriate platform for a comprehensive presentation of company benefit plans. It sets the stage for such a presentation through the information presented in the financial planning segment. Participants see their retirement financial plan as a combination of personal investments, Social Security benefits, possible income from part - or full-time work, as well as the company retirement benefits plan. The responsibility for financial well being in retirement is shifted from the company to the individual.

4. Human Capitol Planning
Life Planning assists the participant to gain clarity on life/retirement goals. As a result, most participants are able to decide on a retirement date three to six months following their participation in the program. This enables the Human Resources Management Team to focus accurately on their Human Capitol planning needs.

5. Heightened Employee Morale
Clarity about one's personal and professional goals releases a great deal of positive physical and emotional energy. This cannot help but have an impact on the morale of those employees attending Life Planning Programs, their managers, co-workers, and the community in which they live.

6. Advantages of Using an External Retirement Consultant
Employees are less likely to feel pressured or resentful when dealing with an objective third party and are more comfortable providing confidential financial information to people outside the organization. Communication of company programs and developments by external advisors reduces employee emotional reaction during a potentially traumatic time. External consultants can supply the client organization with information about newly developed programs.

Benefits of Individual Retirement Planning Education

1. Myths & Realities of Aging:
Ability to see beyond the standard myths about aging and transitioning into retirement; the importance of a very positive outlook toward the possibilities of the second half of life; the significance of responsibly setting goals for all the components of the retirement planning process.

2. Financial independence planning:
Surveying the fundamentals of investments, risk management, tax strategies, estate planning, as well as company and social security retirement benefits.

3. Financial Projection:
A computerized, personalized 15-year retirement financial projection is available for each participant.

4. Health:
Guided self-analysis of health and wellness needs..

5. Legal Planning:
Looking at current and future concerns of estate planning and business law. Topics include: wills, trusts, durable power of attorney, contract agreements, incorporation. Also included are considerations of buying, selling, or leasing real estate, and how to choose an attorney.

6. Housing Planning:
A review of all the possible housing choices and exploration of the many options which match health, lifestyle, finances, family and work needs.

7. Lifestyle Planning:
Studying the changing relationships of spouses, children, friends and co-workers in retirement. Also considered is the necessity to create new networks, leisure pursuits, and continuing education goals to make up a balanced retirement lifestyle.

8. Second career choices:
Analyzing the many possibilities for continued career activity, as well as how to find and secure full or part-time employment.

9. Entrepreneurial options:
Exploring how to start/buy a business or franchise.