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RetirementWORKS, Inc. Announces New Website Offering Financial Planning for Retirees

Posted on: Monday, 14 April 2008, 12:00 CDT

RetirementWORKS, Inc., a subsidiary of Still River Retirement Planning Software, Inc., today announced a new financial planning site for consumers who are approaching retirement or who are already retired. At this new site, http://www.RetirementWORKS2.com, consumers can buy Still River's powerful RetirementWORKS® II software, available under the trade name RetirementWORKS® for YOU.

Unlike other currently available software, RetirementWORKS® for YOU is a holistic system that provides advice based on comprehensive, detailed, and integrated analysis. It treats simultaneously all the key financial issues that face retirees and people approaching retirement. Retired people often cannot recover from serious financial mistakes, so need a truly robust planning tool that does not take shortcuts or look at just one or two specific financial questions in isolation.

Here are just some of the questions the system answers:

Can I afford to retire when I want to?

When should I sign up for Social Security benefits?

What should I be doing about health coverage and long-term care insurance?

Can I afford to stay in my home, or should I consider selling and downsizing?

If I stay in my home, should I pay off my mortgage, or tap into the equity?

Do I need more life insurance, or should I reduce the amount I already have?

Which of my assets should I liquidate first?

Do I have the right legal documents in case I die or become incapacitated?

How should I provide for my kids or a special needs relative who might survive me?

Would an annuity help me meet my financial goals?

What should I do about my pension plans?

Should I accept an early retirement offer, or not?

RetirementWORKS® for YOU is an easy-to-use internet application. The cost is $189 per family for the first year of unlimited access, with subsequent renewals available at half price. Discounts and other arrangements can be made for financial providers, employers, voluntary associations, and websites that would like to sponsor, or refer their own members or patrons to, this service.

RetirementWORKS, Inc., exclusive provider to the general public of the most powerful financial planning software for retirees, is located in Harvard, MA. For more information, e-mail Chuck Yanikoski at csy@StillRiverRetire.com.

Source: Business Wire

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