Quote Of The Week: That Retirement Calculator Gets Them Nervous

april peterson

April Peterson, Texas Tech personal finance grad, interviewed by Investment News

24-year-old April Peterson graduated from Texas Tech with a master’s degree in personal financial planning. She now works at USAA in San Antonio as an investment and retirement service representative while studying for her Certified Financial Planner (CFP) exam.

With less than a year on the job, April has made some very astute observations about how well the average person is prepared for retirement, as well as some ideas on what’s needed to fix the problem:

April says she “is amazed at how many people in their 40s and 50s want to retire in 15 years but have only about $3,000 saved.”

She guides them “to a calculator showing an approximate amount they should be saving regularly. Once they see that retirement calculator, everyone gets really nervous,” she said.

April wishes she could “hold a financial seminar at a high school every week” so more people would be educated about their finances.

April Peterson’s full interview with reporter Liz Skinner can be found at Investment News, “Former service rep now gives advice,” March 24, 2014.

About Mari Adam

Mari Adam, Certified Financial Planner™ and President of Adam Financial Associates Inc, has been helping individuals and families chart their financial futures for over twenty-five years. Have a question about your financial situation? Ask Mari!

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