The Foundation for Financial Planning (FFP) supports a wide range of projects across the U.S. that include pro bono financial advice and outreach programs to a variety of groups including low-income families, high school students, and victims of disasters such as Hurricane Katrina. Fidelity's National Financial has joined forces with FFP, giving it the opportunity to expand on these projects.
"Many Americans are faced with a range of financial challenges, from managing monthly bills to figuring out how they will afford approximately $215,000 for retiree health care," said Norman Malo, president and CEO of National Financial, in a statement making reference to the dollar amount that Fidelity research suggests retirees should budget for their health care. "The services brokers and advisors provide are critical to understanding the basics of building a financial plan and helping people overcome their financial challenges."