Plan now, enjoy later? A study of the use and effectiveness of formal retirement planning programs

Article Abstract:

Results of a study conducted on the significance and use of formal retirement planning programs showed that most retirement education program participants were females in their late 50's. Results also showed that pre-retirees focus on the financial aspect of retirement planing rather than on emotional, physical and mental health. Retirement preparation programs must include both the financial and health status of the aged in retirement to help participants establish good plans and initiate retirement planning activities on their own.

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Do retirement preparation programs improve the retirement experience?

Article Abstract:

Employers offer 'retirement preparation programs' to minimize retirees'dissatisfaction and direct them toward a pleasant retirement experience. These programs improve the company's image, and increase employees' productivity and morale. A retirement preparation program offered by a major manufacturing firm in Wisconsin to salaried employees nearing retirement provided information on personal finance, lifestyles, health care and social activities.

Retirees

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Redefining the goals and drivers of benefit plan design

Article Abstract:

Identifying drivers and goals in formulating benefit plan design may be invaluable for employers and employees alike as they allow the identification of other important factors. Possible steps to be taken include identifying stakeholder input, identifying goals and drivers, and formulating benefit plan design. The case of petrochemical employer proves the process to be effective.

Retirement Benefits, Defined benefit plans

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