VIDEO from Medialink and AXA Equitable: Turning the Big 4-0 Ranks #1
February 04 2008 - 6:07PM
PR Newswire (US)
NEW YORK, Feb. 4 /PRNewswire/ -- Milestone birthdays, children,
marriage, and advice from friends or relatives top the list of
reasons why Americans begin saving for retirement. According to the
2008 AXA Retirement Scope Survey, turning 40 is the number one life
trigger for most to start saving. Today's working Americans note
more factors prompting their decision to save than past generations
of retirees. (See video from AXA Equitable (NYSE:AXA) at:
http://media.medialink.com/WebNR.aspx?story=34446) The survey also
reports that people realize it's up to the individual to plan for
their retirement. Social Security is something that most people
can't rely on to provide a significant portion of their retirement
income. When it comes to retirement planning, figuring out what to
do, how to do it and when to do it can be confusing, and working
with a professional advisor or planner is key. Many are also
retiring later than they used to, an average of 64 years of age.
Coupled with living longer, experts say there's no reason to wait
for a major life event to start planning retirement. In fact,
financial professionals say you should begin saving as early as
possible. Registered journalists can access video, audio, text,
graphics and photos for free and unrestricted use at
http://www.mediaseed.tv/. 02NY08-0017 DATASOURCE: Medialink and AXA
Equitable CONTACT: Medialink, New York, +1-888-560-5578, Web site:
http://media.medialink.com/WebNR.aspx?story=34446
http://www.mediaseed.tv/
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