Prudential Hosts Webinar to Help Individuals Rebuild Savings

A Prudential news release said its free Webinar features retirement specialists who will address The Four Pillars of U.S. Retirement. Prudential said the Webinar is open to anyone interested in learning tips and understanding the choices and tools that are available to help rebuild their retirement savings.

As some pre-retirees are facing a new reality with significant declines in their 401(k) plans as a result of the recent stock market meltdown, they want to know, “What do I do now?’

Prudential said Americans are seeking professional guidance as they face significantly reduced retirement nest eggs and the prospect of a smaller retirement income stream.

“Traditionally, retirement security has been thought of in terms of the three-legged stool—that is, Social Security, workplace-provided programs and personal savings,” said Christine Marcks, president of Prudential Retirement, in the release. “At Prudential, we’ve added a fourth pillar, Retirement Choices, to capture the lifestyle and financial considerations that impact retirement security and take on even greater significance in difficult market conditions.”

During Tuesday’s Webinar, Prudential said the panel of retirement specialists will provide insights into strategies Americans can employ with respect to each of The Four Pillars:

• Social Security: James Mahaney, vice president, Institutional Income Innovation at Prudential Retirement
• Workplace-provided programs: James Kalamarides, senior vice president, Retirement Solutions at Prudential Retirement
• Personal savings: Lynette Khalfani-Cox, “The Money Coach,’ personal finance expert
• Retirement Choices: Jean Cheng Setzfand, director of Financial Security at AARP.

James Cornell, senior vice president at Prudential Retirement, will moderate the discussion.

Interested individuals can participate by visiting www.prudential.com and clicking on the Conversations About Retirement banner to sign up.