AARP Investment Program Launches Online Courses.Business Editors BOSTON--(BUSINESS WIRE)--April 24, 2001 The AARP AARP, a nonprofit, nonpartisan national organization dedicated to "enriching the experience of aging"; membership is open to people age 50 or older. Founded in 1958 by Ethel Percy Andrus as American Association of Retired Persons, AARP now has over 30 million Investment Program from Scudder has launched three interactive online courses, available to the public at aarp.scudder.com, focusing on the unique financial needs of AARP members. The AARP Investment Program, managed by Zurich Scudder Investments and approved by AARP, is comprised of mutual funds and educational resources designed specifically for investors aged 50 and over. The new courses provide an instructional, interactive learning experience for those who want to build their investing and planning skills and evaluate their current financial situation. They specifically address: Planning Your Retirement, Living in Retirement, and Planning Your Legacy. The online courses complement the AARP Investment Program's comprehensive Financial Library, a series of 100 educational guides designed to provide insight on how to financially prepare for unexpected life events such as loss of a job, late life marriage, and birth of a grandchild. Each easy to use course, which can be taken as a whole or in small self-contained parts, can take a varied amount of time to complete depending on how deeply the user chooses to engage him or herself in the planning tools. The courses were designed to address different phases of life after 50; for those still accumulating assets for retirement; for those already in retirement and seeking ways to ensure they don't outlive out·live tr.v. out·lived, out·liv·ing, out·lives 1. To live longer than: She outlived her son. 2. their assets; and those in the process of planning the transfer of assets The conveyance of something of value from one person, place, or situation to another. The law recognizes that persons are generally entitled to transfer their assets to whomever they wish and for whatever reason. The most common means of transfer are wills, trusts, and gifts. to their heirs. "People who take the time to educate themselves are likely to be better investors." said Jim Thompson, Director of Shareholder Education for the AARP Investment Program. "These courses are a great use of the Web. We've taken huge bales of existing information and presented it in digestible digestible having the quality of being able to be digested. digestible energy the proportion of the potential energy in a feed which is in fact digested. digestible protein see digestible protein. ways. We think people will even have fun with the material - such as wills, trusts and IRA Ira, in the Bible Ira (ī`rə), in the Bible. 1 Chief officer of David. 2, 3 Two of David's guard. IRA, abbreviation IRA. distributions - that is normally very dry." Scudder partnered with Omega Performance, a worldwide instructional design Instructional design is the practice of arranging media (communication technology) and content to help learners and teachers transfer knowledge most effectively. The process consists broadly of determining the current state of learner understanding, defining the end goal of firm, to create the courses. The courses follow Omega's Multimedia Encyclopedia Learning Structure, which offers a step-by-step multidimensional learning experience for novice and expert web users. Designed with an adult user in mind, each course incorporates various technological tools and learning techniques designed to engage the user and personalize the information to that investor's unique needs and financial situation. These tools include mini-calculators which give quick answers to questions such as: "How will inflation impact my nest egg Nest Egg A special sum of money saved or invested for one specific future purpose. Notes: Examples of the purposes for which nest eggs are usually intended include retirement, education, and even entertainment (vacations and cruises). ?" and "What is my life expectancy Life Expectancy 1. The age until which a person is expected to live. 2. The remaining number of years an individual is expected to live, based on IRS issued life expectancy tables. ?" and animated charts which illustrate the growth of investments over time and the effect of inflation on one's investments; pop-up boxes which clarify complex investing concepts or provide "quick tips"; and progress check "quizzes" at the end of each section to test the user's subject comprehension. In addition, the course makes recommendations on related Financial Library guides, which can be downloaded from the aarp.scudder.com website, as well as printable worksheets for topics such as estimating potential retirement income and expenses. "The advantage of these online courses is the flexibility they allow the user," said Juan Gutierrez, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Omega Performance. "The content and structure of each course can serve as a basic reference tool or, when used in correlation with the recommended `personal tasks' such as printable worksheets, can provide an in-depth learning experience." For further information, please contact Laura Trumble at 617-295-3234. About the AARP Investment Program from Scudder Founded in 1985, the AARP Investment Program from Scudder, with USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 15 billion in assets, features 39 Scudder funds. The line-up covers a broad range of investment goals, including six risk-managed funds. Zurich Scudder Investments, Inc., the AARP Funds' investment manager and global investment management business of Zurich Financial Services Zurich Financial Services Group is a major financial services group based in Zurich, Switzerland. Global operations North America The US consumer market is served primarily by Farmers Insurance Group the third largest personal lines property & casualty insurance Group, is one of the largest and most experienced investment management organizations in the world. Zurich Scudder Investments manages more than USD 290 billion in assets for corporate clients, retirement and pension plans, insurance companies, mutual fund investors, and individuals. Headquartered in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Zurich Scudder Investments offers a full range of investment counsel and asset management capabilities, based on a combination of proprietary research and disciplined, long-term investment strategies. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion