Nationwide Retirement Services, Nationwide Financial’s public-sector retirement plans unit, has launched “What’s Your Date?”, which the company describes as an engaging website created to help employers and their employees plan for retirement. The site was launched to coincide with National Save for Retirement Week (Oct. 20-26), an annual event endorsed by Congress designed to raise awareness about the importance of saving for retirement.
The site aims at simplifying the retirement planning process and increasing employees’ confidence by helping them think through critical retirement planning questions, according to a Nationwide statement. The site invites users to select their retirement date, and then takes users through what the statement characterizes as a fun, interactive and personalized process to educate them on what will be needed to adequately prepare for retirement.
“As a U.S.-based company, Nationwide knows the retirement challenges America’s workers face, and how to best help them prepare for and live in retirement,” comments Eric Stevenson, senior VP, Nationwide Retirement Solutions. “This site, along with the educational services Nationwide provides to participants, allows employers to work with their employees to take a proactive role in planning for retirement.”
“What’s Your Date?” lets users chart their future expenses, based on their desired lifestyle. The tool offers projections on key considerations, such as home prices, inflation and the cost of living in popular U.S. retirement destinations
“At Nationwide, we understand every plan and every employee might have different retirement goals, and that’s why we aim to be a strategic partner with each plan to deliver the education, tools and services they need to help their employees build retirement security,” Stevenson adds.
Nationwide has served public-sector employees for more than 40 years and claims to be the nation’s largest public-sector retirement plan provider. The company serves nearly 8,000 plans with approximately $55 billion in assets, according to a company statement.