Transamerica Institute Announces "Getting Ready to Retire"

LOS ANGELES, Jan. 22, 2015 /PRNewswire/ -- Ten thousand Baby Boomers are turning 65 every day in the United States and have either entered retirement or are preparing to do so. A special one-hour edition of ClearPath – Your Roadmap to Health & Wealth will offer unique insights and clear-cut advice about Medicare and Social Security benefits:  Sunday, January 25 at 7 p.m. EST on WYPR (88.1 FM), Baltimore's NPR news station.    

Most Baby Boomers will be relying on Social Security and Medicare benefits in retirement, yet relatively few are aware of the wide range of choices that can positively or negatively affect their level of long-term benefits. A recent study of Baby Boomer workers conducted by Transamerica Center for Retirement Studies® found that just 17 percent of Baby Boomers know "a great deal" about Social Security benefits and, even fewer, 13 percent know "a great deal" about Medicare benefits.

In addition to regular program hosts Greg Tucker, Catherine Collinson (President of the Transamerica Institute®), and Hector De La Torre (Executive Director of the Transamerica Center for Health Studies^sm), special guest experts Mary Beth Franklin and Nicole Duritz will share their expertise on Social Security and Medicare.

Mary Beth Franklin is a preeminent personal finance expert on critical retirement topics such as income security, tax-efficient withdrawals, Social Security claiming strategies, career transitions, retiree health costs and long-term care issues. She is an award-winning journalist who joined InvestmentNews as a Contributing Editor in January 2012. She writes the Focus on Retirement column for financial advisers and the Retirement 2.0 for its digital edition. She is the author of the book Maximizing Your Social Security Retirement Benefits. Follow her on Twitter @MBFretirepro.

As Vice President of Health Security Decisions, Education & Outreach with AARP, Nicole Duritz leads AARP's public education efforts on a variety of issues, including health security, Medicare, the Affordable Care Act and independent living. Nicole manages a team that develops and designs consumer-focused resources and tools to ensure that the 50+ population has the information and support necessary to make decisions on critical life issues. 

The broadcast is able to be streamed live at: wypr.org and can be replayed and downloaded immediately following at: www.transamericainstitute.org. It will also be available as a podcast on iTunes.

ClearPath – Your Roadmap to Health & Wealth is underwritten by the Transamerica Institute – a nonprofit, private foundation dedicated to identifying, researching and educating the public about retirement, health coverage, and other relevant financial issues facing Americans today. 

About WYPR 88.1 FM
WYPR is an NPR affiliate.  The station produces and broadcasts local programs including "Midday with Dan Rodricks," "Maryland Morning with Sheilah Kast," and "The Signal," as well as news coverage and special editorial programming.  As a listener-supported radio station, all contributions to the station are tax-deductible to the fullest extent of the law.  For more information, visit www.wypr.org or call 410-235-1660.

About Transamerica Institute®
The Transamerica Institute is a nonprofit, private foundation dedicated to identifying, researching and educating the public about retirement, health coverage, and other relevant financial issues facing Americans today. Transamerica Institute is funded by contributions from Transamerica Life Insurance Company and its affiliates and may receive funds from unaffiliated third parties. For more information about the Institute, please refer to www.transamericainstitute.org.

Contact:

Christy Warner
Weber Shandwick for Transamerica Institute
Ph. 952. 346. 6271
[email protected]

SOURCE Transamerica Institute

Related Links

http://www.transamericainstitute.org