April 15, 2013 (PLANSPONSOR.com) - Wells Fargo Retirement launched an online tool that helps individuals create a plan for saving and allows them to see their potential monthly income in retirement.
My Retirement Plan prompts customers to provide some information about their retirement goals and current situation, then calculates a recommended plan and shows a suggested savings rate as a percentage of the customers’ income.It also shows an estimated monthly income the customer could receive in retirement.
If there is a retirement savings gap, there is an ‘Ease into Savings’ option that allows users to adjust and create a plan for savings that fits their financial situation.My Retirement Plan is savable and can be adjusted at any time online.
The tool is available to Wells Fargo customers at http://wellsfargo.com/myretirementplan, and will be available on wellsfargo.com to the general public later this year. Watch a video about My Retirement Plan at http://www.wellsfargomedia.com/wbr/731104/index.html.