RealSteps>Retirement® is a
comprehensive planning process that provides tools, resources and
expertise to help individuals, families and business owners move closer
to their retirement goals
MINNEAPOLIS--(BUSINESS WIRE)--Oct. 20, 2014--
U.S. Bank and U.S. Bancorp Investments have launched RealSteps>Retirement®
(www.usbank.com/retirement,) a comprehensive and disciplined
retirement planning process that takes a holistic approach to planning
for retirement. This new process seeks to bring clarity and confidence
to retirement planning by breaking down a complex process into three
actionable steps: real understanding, real answers and real progress.
“Our new RealSteps>Retirement planning process seeks to address the
various aspects of retirement planning and is focused on helping meet
the needs of our clients, no matter where they are in their retirement
planning. Our goal is to help them take action and be financially
prepared to retire,” said Mark Jordahl, president of U.S. Bank Wealth
Management. “Whether you’re beginning your career or your retirement is
in the immediate future, this process is designed to help you work
towards your retirement goals.”
The first step, real understanding, provides a wealth of
educational tools and resources that seeks to address various aspects of
retirement planning, including articles on more than a dozen key
retirement topics, including social security, Medicare and IRAs. Real
answers provides in-depth analysis and detailed checklists to help
people think through important retirement planning milestones and
concepts. Real progress is our commitment to helping clients take
necessary steps and stay on track with their plans, whether they are
decades from retirement, approaching retirement or already in retirement.
Preparing for income in retirement has become increasingly complex, as
evidenced by numerous defined-contribution plans and IRAs, social
security, Medicare, long-term care needs and increased life
expectancies. The 2014 Retirement Confidence Survey by the Employee
Benefits Research Institute found that half of all workers have less
than $10,000 saved for retirement. That same survey also found that half
of workers 55 and older have less than $50,000 in retirement savings.
As traditional defined-benefit pension plans continue to be phased out,
more Americans are realizing that saving for retirement is their own
responsibility. According to a 2013 report from The Conference
Board, 62 percent of baby boomers report that they believe they will
have to delay retirement. The RealSteps>Retirement process offers a path
forward and seeks to bring clarity and confidence to a complex process.
"Our RealSteps>Retirement planning process is designed to help simplify
retirement planning. We work closely with clients to develop a strategy
that can help generate retirement income, a retirement ‘paycheck,’ that
can support a retirement as long as two to three decades,” said Bill
Benjamin, president and CEO of U.S. Bancorp Investments. “There is a
significant need for this kind of hands-on retirement planning process,
which takes a uniquely educational approach and tailors it to
individuals and business owners alike.”
To learn more about RealSteps>Retirement, please visit www.usbank.com/retirement
or call 800-871-6250.
About U.S. Bank Wealth Management
U.S. Bank Wealth
Management offers comprehensive wealth management services, including
wealth planning, investment management, trust and estate services, and
private banking, for individuals, families, and their foundations
through three distinct service models. Ascent Private Capital Management
(ascent.usbank.com)
serves clients with $50 million or more in net worth; The Private Client
Reserve (reserve.usbank.com)
serves clients with $3 million or more in net worth; and The Private
Client Group serves affluent clients with more than $100,000 of
investable assets.
About U.S. Bancorp Investments
U.S. Bancorp Investments, an
affiliate of U.S. Bank, provides financial planning, investment
management, full-service brokerage, self-directed brokerage, and
insurance products and services to individual investors. Financial
Advisors serve clients with more than $100,000 in investable assets at
more than 3,000 U.S. Bank branches in 25 states. For more information,
visit usbank.com.
About U.S. Bancorp
U.S. Bancorp (NYSE: USB), with $389
billion in assets as of June 30, 2014, is the parent company of U.S.
Bank National Association, the fifth-largest commercial bank in the
United States. The Company operates 3,174 banking offices in 25 states
and 5,005 ATMs and provides a comprehensive line of banking, investment,
mortgage, trust and payment services products to consumers, businesses
and institutions. Visit U.S. Bancorp on the web at usbank.com.
About U.S. Bank
Credit products offered by U.S. Bank are
subject to normal credit approval. Deposit products offered by U.S. Bank
National Association. Member FDIC. U.S. Bank is not responsible for and
does not guarantee the products services or performance of U.S. Bancorp
Investments.
RealSteps>Retirement® is a registered trademark of U.S. Bancorp.
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Investment and Insurance products and services are:
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Not a Deposit
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Not FDIC Insured
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Not Guaranteed by the Bank
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May Lose Value
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Not Insured by Any Federal Government Agency
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U.S. Bancorp Investments and U.S. Bank are not affiliated with the
companies or organizations mentioned above. U.S. Bancorp and its
representatives do not provide tax or legal advice. Each individual's
tax and financial situation is unique. Individuals should consult their
tax and/or legal advisor for advice and information concerning their
particular situation.
For U.S. Bancorp Investments:
Investment products and services are available through U.S. Bancorp
Investments, the marketing name for U.S. Bancorp Investments, Inc.,
member FINRA and SIPC, an investment adviser and a brokerage subsidiary
of U.S. Bancorp and affiliate of U.S. Bank.
Insurance products are available through various affiliated non-bank
insurance agencies, which are U.S. Bancorp subsidiaries. Products may
not be available in all states. CA Insurance License# OE24641.
For U.S. Bank:
Credit products offered by U.S. Bank and subject to normal credit
approval. Deposit products offered by U.S. Bank National Association.
Member FDIC.
U.S. Bank is not responsible for and does not guarantee the products,
services or performance of U.S. Bancorp Investments
Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20141020005861/en/
Source: U.S. Bancorp
U.S. Bancorp
Michael Walsh, 612-303-9122
Senior Manager,
Public Relations
Michael.Walsh@usbank.com
or
Robin
Francis, 651-466-7187
Manager, Public Relations
Robin.Francis@usbank.com