Although the economic morass has derailed retirement plans and pushed back retirement dates, one positive aspect that can be plucked from the sea of depleted savings and investment accounts is that people are now a lot more open to financial advice.
This was apparent when last year MassMutual was able to enroll 9,000 participants in its RetireSmart educational program. The figure, which was reported Jan 11, is a clear indicator that people are proactively availing themselves to guidance when in the past they might not have been so aggressive in their information gathering.
The RetireSmart program, born out of MassMutual's Retirement Services Division focuses on helping plan participants "break through barriers and make smarter decisions about their finances."
