Benefit Consultants Group, a Horace Mann Company, is pleased to introduce MyRetirement, an interactive retirement income calculator that helps make retirement planning simple and automated for participants. MyRetirement provides a clear vision of retirement, illustrating participants' spending levels in retirement so they can make informed decisions regarding their retirement planning.
“We’re committed to improving retirement outcomes for our participants by giving them the tools they need to make educated decisions,” said Mike Weckenbrock, Senior Vice President of Life and Retirement at Horace Mann. “MyRetirement is an additional resource to help our participants prepare for a successful tomorrow.”
MyRetirement helps plan participants:
• Quickly assess their retirement readiness and opportunities for improvement
• Calculate personal retirement income
• Bypass tedious data entry
• Personalize their plan by including additional data
• See a total retirement picture, with a consolidated view, illustrating their retirement plan and any inputted outside accounts
This tool can be used by participants and their advisors to clarify a retirement outlook based on a person’s current retirement plan. In addition, the tool will show a participant what will happen to their outlook if they change their contribution rate. All they need to do is log into their account and the MyRetirement is located on their homepage.
About Benefit Consultants Group
Since 1958, Benefit Consultants Group has been helping Americans create the peace of mind that comes with financial security. BCG provides high quality recordkeeping as well as innovative retirement and investment planning solutions to meet their clients’ needs. For more information, visit bcgbenefits.com.
About Horace Mann
Horace Mann is the largest financial services company focused on providing America's educators and school employees with insurance and retirement solutions. Founded by Educators for Educators® in 1945, the company is headquartered in Springfield, Ill. For more information, visit horacemann.com.
Executive Vice President, BCG