Retirement-planning initiatives focus on future financial needs

04/11/2013 | InsuranceNewsNet · National Underwriter Life & Health

A campaign by the Insured Retirement Institute and the National Retirement Planning Coalition is aimed at educating Americans about their long-term financial needs. The initiative's introduction was part of National Retirement Planning Week. Douglas Dubitsky of Guardian Life Insurance says the insurance industry is focusing on "helping people understand how to plan their retirement income in a manner that provides both guaranteed lifetime income they cannot outlive to cover their basic expenses in retirement and discretionary income to cover their discretionary expenses in retirement."

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