Products April 15, 2013

PBS' Frontline to Re-Air Retirement Plan Documentary

Next week, Public Broadcasting System’s (PBS) Frontline program will re-air a documentary called “The Retirement Gamble.”
Reported by

According to the organization’s website, the film raises questions about how America’s financial institutions protect retirement savings. It asks, “Will your IRAs or 401(k) accounts ensure a safe retirement?”  

The 60-minute documentary is further described as an examination of retirement accounts, including the lack of uniformity in plans, which results in some workers paying much more than others; the cost of a seemingly small annual fee when spread out across a worker’s lifetime; and hidden fees. 

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Local listings and the trailer for “The Retirement Gamble” can be found at www.pbs.org/frontline, and the full program can be viewed online.

Products April 15, 2013

Wells Fargo Launches Retirement Planning Tool

An online tool from Wells Fargo Retirement helps individuals create a savings plan and allows them to see their potential monthly income in retirement.
Reported by

My Retirement Plan prompts customers to provide some information about their retirement goals and current situation, then calculates a recommended plan and shows a suggested savings rate as a percentage of the customers’ income. It also shows an estimated monthly income the customer could receive in retirement.    

If there is a retirement savings gap, there is an ‘Ease into Savings’ option that allows users to adjust and create a plan for savings that fits their financial situation. My Retirement Plan is savable and can be adjusted at any time online.  

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The tool is available to Wells Fargo customers online and will be available on wellsfargo.com to the general public later this year.     

Watch a video about My Retirement Plan here.  

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