Product InformationRetirement Planning Center
Across the United States, it has become increasingly evident that Americans are not adequately planning for financial security in their retirement years. The statistics are startling. More than half of American workers have less than $25,000 in retirement savings,1 and one quarter of the workforce has saved less than $1,000.2 Those who have saved have grown more concerned over time about how they have invested their retirement assets: since 1998, the percentage of workers that are very confident that they are investing their retirement savings wisely has declined from 45% to 32%.3 Most striking is the fact that more than half of all workers have made no effort to determine how much money they are likely to need in retirement, and how much they will need to save to meet that goal.4 Add to the mix the fact that, absent any changes, Social Security will become insolvent in about 30 years,5 and the likelihood that many Americans will be able to enjoy a secure retirement becomes less certain.
It is this climate that inspired First National Bank to create the Retirement Planning Center. Our threefold mission is to proactively help our customers:
- Identify retirement goals
- Accumulate the financial assets needed to reach those goals, and
- Prudently use assets during retirement to ensure that those goals are met
Our Financial Advisors provide sound advice coupled with prudent solutions.
- Employee Benefit Research Institute & Matthew Greenwald & Associates, 2010 Retirement Confidence Survey
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- Social Security Administration, http://www.ssa.gov/OACT/solvency/index.html
Securities provided by First National Capital Markets, Inc. (FNCM), a registered broker/dealer and registered investment advisor. Member FINRA and SIPC. Advisory services may only be offered by Investment Advisor Representatives in connection with an appropriate FNCM Advisory Services Agreement and disclosure brochure as provided. Securities and investment products are: Not a Deposit • Not Insured by any Federal Government Agency • Not Guaranteed by the Bank • May Go Down in Value.
Banking products and services are offered through First National Bank, a division of First National Bank of Omaha.
