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Financial Planning for Retirement Simplified: NewRetirement's Approach

TechCrunch LogoTechCrunch1 mo ago

 Financial Planning for Retirement Simplified: NewRetirement's Approach - TechCrunch

Quick Summary:

And while 37% of respondents say that they work with a financial adviser, two-thirds of Americans believe that their financial planning needs improvement, according to Northwestern Mutual’s Planning and Progress Study 2023.

By offering self-directed digital planning to clients versus starting with a human adviser, they can scale and serve any number of users, learn about them, help them make good decisions and position their products and services more effectively.

It was after Chen helped his mom lower her expenses, figure out when to claim Social Security, decide when to downsize and take other steps to become financially independent that Chen realized lots of other older Americans were facing the same challenges.


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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-27 @ 16:02:43 (1 months ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 901 words

Reading Time: 6 minutes read

Sentences: 24 lines

Sentence Length: 38 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 20538106

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Official Website: techcrunch.com

Update Frequency: 8 posts per day

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News Last Updated: 16 hours ago

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Publisher ID: #20

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