The program, called AARP Financial Guidance Services, includes complimentary financial consultations, educational seminars at Schwab’s 300 branches, a dedicated toll-free number and a fee rebate on the Schwab Managed Portfolios, a professionally managed, diversified portfolio of mutual funds covering a range of investment strategies.
“Our members tell us that achieving financial security is their top goal along the way to living their best lives,” said AARP President John Wider. “This new program will give them easy access to straightforward information and financial guidance from a familiar source in a pressure-free setting to help them with their goals and dreams.”
Schwab Executive Vice President Ben Brigeman added: “We are in the midst of a challenging economy that has disrupted how many Americans are thinking about and planning for retirement. Their need for information and access to resources is greater than ever, and through this program, we hope o be able to help many of AARP’s members prepare for retirement on their own terms.”