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Securian's GPS is a Financial Roadmap for Retirement

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ST. PAUL, Minn., April 26 /PRNewswire/ -- As they have with every other stage of life, baby boomers are redefining retirement. Because it could last 30 years or more, they will move through several stages of retirement and their financial needs will evolve. With Retirement GPS, Securian Financial Group helps boomers map that journey.

"Retirement is a continuum of life stages," said Bruce Shay, executive vice president, Securian Financial Group. "Retirement GPS defines those stages and the financial priorities and risks that typically accompany each one. It's a road map for those close to retirement who recognize it is not an event or a number, but a highly personal, evolving lifestyle that requires knowledge and expert advice. The result is the confidence that comes from establishing income for life."

Employees are hungry for guidance. A survey of 400 retirement plan participants conducted by Spectrem Group in December shows that 58 percent of them want help with their investments. That's more than double the previous 16 years when the percentage who wanted investment advice hovered around 25 percent. Clearly, Americans now realize how complex retirement has become. Securian's Retirement GPS makes it manageable by breaking it into three stages:

    --  Gearing up. The first phase includes the last few years of full-time
        employment and the first few years of retirement. This is when people
        are thinking hard about how to structure their retirement income or make
        up a shortfall.
    --  Taking off. This is the most exciting period of retirement, when people
        dive into the activities they didn't have time for when they were fully
        employed. Though the retirement income strategy has been fully
        developed, this is the time for adjustments as people establish their
        retirement lifestyles.
    --  Cruise control. Late retirement is when life quiets and medical issues
        come to the fore. By this time, personal directives are in place, and
        people make decisions about the inheritance or charitable legacy they
        will leave and take steps to ensure their heirs receive it intact.

Consumers can learn more on the Retirement GPS microsite at Securian.com about each of the phases and the types of risk they will encounter in retirement. They also can order the Retirement GPS guide and find a local Securian advisor who can help them develop a lifetime income strategy. Shay says finding a knowledgeable guide for the journey is imperative.

"Retirement is a life stage to be enjoyed, not endured," he added. "We created Retirement GPS to help consumers recognize that, while building financial security for the long run requires preparation and knowledge, it brings the peace of mind that comes with knowing your income will last a lifetime."

Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation's largest financial services providers, it is the holding company parent of a group of companies that include Minnesota Life Insurance Company.



    Securian Financial Group, Inc.
    400 Robert Street North
    St. Paul, MN 55101-2098
    securian.mediaroom.com
    www.securian.com

This e-mail promotes the products and services of Minnesota Life and/or Securian Life. If you have received this message in error or do not wish to receive e-mail from us in the future, reply to this e-mail and type "Unsubscribe" in the subject line. We respect your privacy.

Insurance products are issued by Minnesota Life Insurance Company in all states except New York. In New York, products are issued by Securian Life Insurance Company, a New York admitted insurer. Both companies are headquartered in Saint Paul, MN. Product availability and features may vary by state. Each insurer is solely responsible for the financial obligations under the policies or contracts it issues.

SOURCE Securian Financial Group



 
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