Helping Boomers realize their retirement dreams: Announcing Baby Boomer
Retirement Preparedness Week: August 6-10
RIDGE, Ill., July 24 /PRNewswire/ -- Although Baby Boomers are
rapidly approaching retirement age -- with the first wave turning 61 this
-- research shows a majority are not financially prepared for
retirement. To help Boomers better understand and overcome the unique
financial challenges they face in retirement, the Million Dollar Round
(MDRT) launched Boomertirement, a series of educational initiatives,
including Baby Boomer Retirement Preparedness Week, August 6-10, 2007.
is a leading non-profit association representing more than 35,000
the best financial services professionals around the world. During Baby
Boomer Retirement Preparedness Week, MDRT is encouraging members to partner
with media, governments, businesses and community groups to conduct
educational activities and events.
Boomers face financial challenges no previous generation has
encountered, including pension terminations, expensive healthcare, Social
Security uncertainty, decreased personal savings rates and significantly
increased life expectancy.
"Despite their unique challenges, solutions do exist for those who take
action on their own behalf," said 2007 MDRT President Philip E. Harriman,
ChFC. "The most important thing to remember is that taking any action
better prepare for retirement is better than doing nothing."
Content for Baby Boomer Retirement Preparedness Week is based on
information and tools presented at the recent MDRT Boomertirement Summit.
that event, Dr. Alan Greenspan (U.S. Federal Reserve Chairman --
1987-2006) and other financial experts, researchers and thought leaders
together to discuss solutions to the retirement challenges facing Baby
expertise based on solutions discussed at the Boomertirement
Summit, MDRT members are uniquely prepared and qualified to help Baby
Boomers of all ages and financial situations maximize their quality of life
during retirement," said Harriman.
http://www.boomertirement.com to provide Baby
tools and information to help them take action in preparing for
-- Information about steps Boomers can take to prepare for retirement
-- A directory to locate a qualified financial advisor
-- A Boomertirement Summit report with video/audio and other resources
Individual MDRT members will announce specific plans for Baby Boomer
Retirement Preparedness Week activities in their local communities.
is The Premier Association of Financial Professionals. Founded in
MDRT is an international, independent association of more than
35,000, or less than 1 percent, of the world's best life insurance and
financial services professionals. With membership from 77 nations, MDRT
members demonstrate exceptional professional knowledge, strict ethical
conduct and outstanding client service. MDRT membership is recognized
internationally as the standard of sales excellence in the life insurance
financial services business.
Through Boomertirement, MDRT is providing leadership that will help the
financial services industry provide solutions to encourage the biggest
generation in history -- Baby Boomers -- to take action to navigate the
financial challenges they confront as they retire.