PHILADELPHIA, PA, May 16, 2013 (Press-News.org) Many U.S. employees--baby boomers, in particular--are woefully underprepared for retirement, reports the founder of Guardian Wealth Management David Howell. To validate his assertion, Howell points out a recent article from Life Health Pro, which addresses some of the specific ways in which American workers are, by and large, ill-equipped to face retirement. Howell has issued a new statement to the press, weighing in on the topics raised in the Life Health Pro article.
According to the Life Health Pro article, the reasons why American workers are unprepared for retirement are numerous. Some specific factors include slow economy recovery, and wages that do not keep up with rises in the cost of living. Additionally, the article contends, Americans live in "a culture that prizes spending over savings."
The article also notes that many experts blame America's substandard retirement planning on the fact that most American employees receive inadequate investment planning resources from their employers. Insufficient 401(k) fund options, high asset management plans, and a general lack of employer-sponsored financial planning services are all contributing to the American worker's lack of retirement readiness, Life Health Pro contends.
David Howell, in his press statement, says that a lack of employer-sponsored education is also key. "Many individuals are probably not even aware of how ill-prepared for retirement they really are," he opines. "Education could go a long way toward correcting this. While most employers and HR teams offer, at best, limited services in this regard, individuals can always meet with independent financial planners to assist them in better understanding retirement."
Life Health Pro notes that the confidence of American workers in their own stable retirement planning is shrinking and shrinking. Cost of living and day-to-day expenses are cited as two of the biggest reasons why many individuals say they do not contribute much money to their retirement savings.
The article also affirms Howell's point that, in many instances, education is the missing link, stating that employer-sponsored education is usually "limited to an all-employee group meeting with the retirement plan provider to discuss investment fund options, the company match to employee plan contributions, plus additional resources available to employees," but not the true mechanics of retirement investment.
As the founder of Guardian Wealth Management, David Howell is one of the UK's most noteworthy financial professionals; the company offers retirement planning services to individuals in the UK, the Middle East, and all across Europe.
ABOUT:
Guardian Wealth Management is an independent financial services company, providing a variety of wealth analysis and management services to clients in the UK, in the Middle East, and throughout the world. With several offices across Europe and the Middle East, and a large, dedicated team of financial professionals, Guardian Wealth Management is proud to offer retirement planning, education fund planning, and general financial planning services, as well as life and health insurance and beyond. The founder of Guardian Wealth Management David Howell, is a veteran of the financial services industry in the UK.
Troubling U.S. Retirement Statistics Win Comment from Guardian Wealth Management, David Howell
Many U.S. workers are woefully underprepared for retirement; this disturbing trend has won a comment from Guardian Wealth Management's David Howell.
2013-05-16
ELSE PRESS RELEASES FROM THIS DATE:
California's Declining Foreclosure Rates Win Comment from WT Lee & Associates
2013-05-16
A recent report from The Los Angeles Times notes that the number of California homes entering foreclosure plummeted in the first quarter of 2013--a development that has earned a comment from WT Lee & Associates. The article contends that an improving economy, rising home prices, and recent California lender regulations all contributed to the state's declining foreclosure rates. WT Lee & Associated, a firm that seeks to assist homeowners make home payments and avert foreclosure, has released a new press statement, celebrating the positive Los Angeles Times report.
"While ...
Pros at Bentley Forbes Celebrate Positive News from Commercial Real Estate Sector
2013-05-16
Though the past several years have been undeniably rocky for U.S. real estate markets, the Los Angeles-based investment and development firm Bentley Forbes believes that better times are on the horizon, particularly for commercial real estate. To validate its point, the company points to a recent U.S. real estate forecast, released by the Urban Land Institute and Ernst & Young. The forecast suggests growing confidence in the commercial real estate sector's recovery. Bentley Forbes has released a new statement to the press, celebrating this optimistic report.
"We ...
Carousel Day School Comments the Importance of Early Education in Relation to President's Recent Economic Report
2013-05-16
For the staff at Carousel Day School, early education is a critical point of development among students. For this reason, the Long Island-based facility has become noted for its emphasis on early education, as the school serves the need of preschool to teenage students. While institutions, such as Carousel Day School, have allowed parents to witness the benefits of early education, a recent report from The New York Times suggests that this segment of academics is not gaining proper attention by the nation and the government.
The article suggests that the recent Economic ...
Surprising Vacation Trends Reveal a Focus on Planning, a Tip Joann C. Higgins Advocates
2013-05-16
Summer vacationers are planning ahead, a trend praised by outdoor enthusiast, Joann C. Higgins. A recent article in the Denver I Journal suggests the planning aspect of travel has become a renewed priority, even more so than budget restraints. The study was conducted by Destination Hotels and Resorts, a leading hospitality management company in the country.
The report shows men and women are increasingly focused on extensively planning and filling their schedules with adventure-filled activities. Not only are they sufficiently preparing, they are also planning a few ...
Tablet Devices Shown to Assist Children with Disabilities, Meep Pad Comments on Development
2013-05-16
The developers of the Meep Pad created a tablet specifically for children. A recent article delivered by the ABC in Des Moines, Iowa, sheds lights on how these devices are useful for children with disabilities. The company is confident in its product and its features.
For children with disabilities, communication is often a struggle. Those who are non-verbal have even more difficulty expressing themselves. This is where products like the tablet come in handy. The article discusses the experiences of Chloe Orban, a six-year-old with Autism. At one time she used to say ...
Michael Drobot Gives Tips on How to Live As a Green Pet Parent
2013-05-16
An article in Global Animal emphasized the need for pet owners to adopt environmentally-conscious habits, a trend praised by Michael Drobot. The report listed five critical ways pet parents can actively make a difference in the environment and make healthier choices for their pets. One of the tips recommends skipping the breeder to adopt, an option Michael Drobot, the owner of Furever Homes bases his life on. "People don't realize when they purchase a puppy from a breeder, there's a chance they're supporting puppy mills or animal abuse," he said. "It's important ...
Spring 2013 Is a Great Time to Buy, According to Caroline Tobin, Denver, CO Real Estate Professional
2013-05-16
Caroline Tobin Denver CO real estate professional, understands that many Americans are hesitant to close on a house after seeing the immense damage that the recession caused on the economy over the last few years. Despite this, though, Tobin asserts that the housing market is on the upswing and that now is the time for individuals to purchase new homes. In a press statement, Tobin calls attention to the growth of the industry as put forth by an article published by Forbes.
According to the article, "[...] unlike the painful post-bubble home buying seasons of the ...
Darla Lippert On Massage's Impact on Autistic Children
2013-05-16
Darla Lippert, who is a hair stylist and salon owner, has issued a statement to the press on a new article that depicts how autistic children can benefit from regular massage. A new article discusses how massage can help to make autistic children feel more comfortable with human contact. Regular treatments can also help a child feel more comfortable with developing personal relationships, which is something that many autistic children struggle with.
For autistic children, even hugging and cuddling can feel unpleasant. Through regular massage, children become more accustomed ...
Attorney Drexel Bradshaw Highlights Essential Estate Planning Activities
2013-05-16
Attorney Drexel Bradshaw understands that estate planning can be a morbid activity; however, he also knows that individuals who engage in estate planning activities are better able to prepare their loved ones to make important decisions after they have passed on. As such, creating a solid estate planning strategy is something that allows individuals to help their loved ones cope with their death, as they can rest assured that all of the issues that arise are handled in accordance with their wishes. Here, Bradshaw responds to a recent article published by The Huffington ...
Healthcare Providers Seek for Greater Control When It Comes to IT Outsourcing
2013-05-16
Pressures from meaningful use and regulatory changes have providers seeking greater control and pulling back on extensive IT outsourcing (EITO). According to the new KLAS report IT Outsourcing 2013: Who Can Help with Rising IT Pressures?, providers are looking increasingly at partial IT outsourcing (PITO) for solutions to growing IT demands.
The demands around application management and help desk services remain high, while two new services--disaster recovery and security--make a showing. Vendor performance is in question, though, as several firms have experienced drastic ...
LAST 30 PRESS RELEASES:
University of Tennessee secures $1 million NSF grant to build semiconductor workforce pipeline
Biochar shows powerful potential to build cleaner and more sustainable cities worldwide
UT Health San Antonio leads $4 million study on glucagon hormone’s role in diabetes, obesity
65-year-old framework challenged by modern research
AI tool helps visually impaired users ‘feel’ where objects are in real time
Collaborating minds think alike, processing information in similar ways in a shared task
Routine first trimester ultrasounds lead to earlier detection of fetal anomalies
Royal recognition for university’s dementia work
It’s a bird, it’s a drone, it’s both: AI tech monitors turkey behavior
Bormioli Luigi renews LionGlass deal with Penn State after successful trial run
Are developers prepared to control super-intelligent AI?
A step toward practical photonic quantum neural networks
Study identifies target for disease hyper progression after immunotherapy in kidney cancer
Concordia researchers identify key marker linking coronary artery disease to cognitive decline
HER2-targeted therapy shows promising results in rare bile duct cancers
Metabolic roots of memory loss
Clinical outcomes and in-hospital mortality rate following heart valve replacements at a tertiary-care hospital
Too sick to socialize: How the brain and immune system promote staying in bed
Seal milk more refined than breast milk
Veterans with cardiometabolic conditions face significant risk of dying during extreme heat events
How plants search for nutrients
Prefrontal cortex reaches back into the brain to shape how other regions function
Much-needed new drug approved for deadliest blood cancer
American College of Lifestyle Medicine publishes official position on lifestyle medicine as a framework for delivery of high-value, whole-person care
Hospital infections associated with higher risk of dementia
Thyroid dysfunction during pregnancy may increase autism risk in children
Cross-national willingness to share
Seeing rich people increases support for wealth redistribution
How personalized algorithms lead to a distorted view of reality
Most older drivers aren’t thinking about the road ahead, poll suggests
[Press-News.org] Troubling U.S. Retirement Statistics Win Comment from Guardian Wealth Management, David HowellMany U.S. workers are woefully underprepared for retirement; this disturbing trend has won a comment from Guardian Wealth Management's David Howell.