My Retirement PlanSM Available to the Public on

My Retirement PlanSMAvailable to the Public on

Online Savings Tool Provides a Tailored Realistic Savings Goal

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Wells Fargo today announced that My Retirement PlanSM, an online savings tool, is now available to the general public on My Retirement Plan can be accessed by customers and noncustomers by visiting Online Wells Fargo banking customers who sign in can create a plan they can save, manage and update at any time.

My Retirement Plan helps to address questions like "How much should I be saving for retirement?" and "Am I on track with my retirement savings?" The tool calculates a monthly amount to save for retirement and a potential monthly income in retirement if the plan is followed, and provides manageable steps customers can take to get closer to their retirement goals. The tool relies on a distinctive methodology using government data for calculating a user's retirement income need and how much should be saved each month.

"In line with our goal for every customer to have a plan, we are pleased to offer My Retirement Plan to everyone because it helps people create a plan for saving and provides manageable steps to reaching that goal," said Karen Wimbish, director of Retail Retirement at Wells Fargo.

My Retirement Plan prompts users to provide some information about their retirement goals and current situation. Then it calculates a recommended plan and shows a suggested savings rate as a percentage of the user's income. It also shows an estimated monthly income the user could receive in retirement. If there is a retirement savings gap, an 'Ease into Savings' option allows users to adjust and create a plan for savings that fits their financial situation. For customers, My Retirement Plan is savable and can be adjusted at any time online.

Watch a video on My Retirement Plan - (Time: 1:54)

For help understanding how to prepare for and live in retirement, visit Wells Fargo's retirement site at

The My Retirement Plan tool provides an estimate for planning purposes and results are not guaranteed.

About Wells Fargo (Twitter @WellsFargo)

Wells Fargo & Company (NYS: WFC) is a nationwide, diversified, community-based financial services company with $1.4 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance through more than 9,000 stores, 12,000 ATMs, and the Internet (, and has offices in more than 35 countries to support the bank's customers who conduct business in the global economy. With more than 270,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 25 on Fortune's 2013 rankings of America's largest corporations. Wells Fargo's vision is to satisfy all our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at

About Wells Fargo Advisors

With $1.3 trillion in client assets as of June 30, 2013, Wells Fargo Advisors provides investment advice and guidance to clients through 15,268 full-service financial advisors and 3,340 licensed bankers. This vast network of advisors, one of the nation's largest, serves investors through locations in all 50 states and the District of Columbia. Wells Fargo Advisors is the trade name used by two separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company: Wells Fargo Advisors, LLC and Wells Fargo Advisors Financial Network, LLC (members SIPC). Statistics include other broker-dealers of Wells Fargo & Company.


Investment and Insurance Products:  


Not Insured by FDIC or any Federal Government Agency  

  May Lose Value  

  Not a Deposit of or Guaranteed by a Bank or Any Bank Affiliate  


WFA CAR#0813-01372


Wells Fargo & Company
Allison Chin-Leong, 212-350-3824

KEYWORDS:   United States  North America  California  North Carolina


The article My Retirement PlanSM Available to the Public on originally appeared on

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Read Full Story