Retirement Pathfinder represents latest technology advance to bring innovation and convenience to nonprofit and public service employees
AIG Retirement Services, a leading retirement plan provider for tax-exempt and public sector employers, today announced the launch of its self-directed version of Retirement Pathfinder, an interactive retirement planning tool now available to plan participants. Retirement Pathfinder delivers a powerful digital experience that helps participants define their retirement lifestyle and financial goals and then match that future with projected spending ability.
Retirement Pathfinder creates an interactive journey that begins by guiding participants through their expectations for retirement, including travel, home improvement, hobbies and charitable contributions. The technology then brings assets and accounts onto one convenient dashboard to align expected retirement spending with future goals. Throughout the process, the retirement readiness tool is highly interactive, allowing for real-time adjustments to savings strategies, market scenarios and age of retirement.
Retirement Pathfinder enables plan participants to answer key retirement-related questions: Can I retire when I planned? How much monthly income will I need? Am I saving enough? The flexibility built into the platform makes it a suitable option for plan participants wanting to handle planning for retirement on their own as well as for those wanting to work with a financial professional.
“We want our customers to see how the financial decisions they are making today can help create the future they envision for themselves and their family,” said Gilliane Isabelle, Chief Distribution Officer, AIG Retirement Services. “Retirement Pathfinder is extraordinarily intuitive and highly visual, delivering easy-to-understand answers to critical retirement planning questions. We are pleased to bring our customers sophisticated analysis, modelling and forecasting in an online experience that emphasizes simplicity, convenience and ease of use.”
About AIG Retirement Services
For more than half a century, AIG Retirement Services has served as a leading defined contribution retirement plan provider for tax-exempt and public sector employers, including healthcare, K-12, higher education, government, religious, charitable and other nonprofit organizations. AIG Retirement Services has more than $130 billion in total assets under administration, managing thousands of plans and serving more than 2 million customers. It includes the VALIC family of companies: The Variable Annuity Life Insurance Company and its subsidiaries, VALIC Financial Advisors, Inc. and VALIC Retirement Services Company. Additional information can be found at www.aig.com/RetirementServices.
About AIG
American International Group, Inc. (AIG) is a leading global insurance organization. AIG member companies provide a wide range of property casualty insurance, life insurance, retirement solutions, and other financial services to customers in approximately 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange.
Additional information about AIG can be found at www.aig.com | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance www.twitter.com/AIGinsurance | LinkedIn: www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.
AIG is the marketing name for the worldwide property-casualty, life and retirement, and general insurance operations of American International Group, Inc. For additional information, please visit our website at www.aig.com. All products and services are written or provided by subsidiaries or affiliates of American International Group, Inc. Products or services may not be available in all countries and jurisdictions, and coverage is subject to underwriting requirements and actual policy language. Non-insurance products and services may be provided by independent third parties. Certain property-casualty coverages may be provided by a surplus lines insurer. Surplus lines insurers do not generally participate in state guaranty funds, and insureds are therefore not protected by such funds.
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Contacts
Shelley Singh (Investors): shelley.singh@aig.com
Marc Hazelton (Media): marc.hazelton@aig.com
Matt Burkhard (Media): matt.burkhard@aig.com
