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Affluent Americans Find Managing Retirement Income Among the Most Challenging Aspects of Their Retirement Plan



Source: Merrill Lynch



October 2009 (Medialink) -

ANCHOR LEAD: Shrinking nest eggs have made retirement planning more challenging for those nearing and in retirement. Kate Brookes has more on ways to help prepare for retirement and stay focused on your retirement goals. (:58)

SCRIPT: Your Financial Fitness. A new Merrill Lynch survey found many affluent Baby Boomers are highly concerned about the current state of their retirement plan. Those surveyed cite 'knowing how to manage retirement income' among the most challenging aspects of retirement planning. Aimee DeCamillo is with Merrill Lynch.

CUT: (DeCamillo) Our recent study shows affluent Americans want more comprehensive advice when it comes to maintaining consistent income in retirement.

SCRIPT: For those nearing retirement, DeCamillo says it's important to position your retirement portfolio to address short-term and long-term needs.

CUT: (DeCamillo) Turning your nest egg into retirement income can be daunting. A financial advisor can help you balance short-term spending needs and create an investment strategy designed to help support income longevity throughout retirement.

SCRIPT: For more, visit M-L-dot-com. That's Your Financial Fitness from Merrill Lynch. Products and services provided by Merrill Lynch, Pierce, Fenner and Smith Incorporated, a registered broker-dealer, Member SIPC and a wholly owned subsidiary of Bank of America Corporation. Investment Products are Not FDIC insured, Not Bank guaranteed, and may lose value.



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Interview with Aimee DeCamillo, of Merrill Lynch[4]

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