U.S. Labor
Department unveils online resource to help Americans chart retirement finances
WASHINGTON — The U.S. Department of Labor today released
a new online resource that makes it easier for Americans to prepare for a financially
secure retirement. A series of interactive worksheets were developed as a companion
to a 2006 publication entitled "Taking the Mystery Out of Retirement Planning."
Using the worksheets, individuals who are 10 to 15 years from retirement can calculate
their income and savings as well as their projected expenses in retirement. "Americans
are living longer, healthier lives and need to plan for their retirement,"
said U.S. Secretary of Labor Elaine L. Chao. "These interactive worksheets
will give workers and their families a better perspective on how much they need
to save to ensure that they can realize their retirement dreams." Although
targeted to individuals approaching retirement, the worksheets and booklet are
also useful for recent retirees. The worksheets are available online at www.dol.gov/ebsa/publications/nearretirement.html.
Free copies of the booklet are available by calling the Employee Benefits Security
Administration (EBSA) toll-free at 866-444-3272 and online at www.dol.gov/ebsa
(under Publications).
Credit: http://www.dol.gov/opa/media/press/ebsa/ebsa20080224.htm U.S.
Department of Labor
Frances Perkins Building
200 Constitution Avenue, NW
Washington,
DC 20210
1-866-4-USA-DOL
TTY: 1-877-889-5627
Contact Us
EBSA News
Release: [02/21/2008]
Contact Name: Gloria Della or Richard Manning
Phone
Number: (202) 693-8664 or x4676
Release Number: 08-0224-NAT
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of this article does not constitute an endorsement by the National Business Association;
the article is for informational purposes for our members and viewers of our Web
site. |
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