Welcome to the UTC’s Retirement Education website where we can help you become R.I.C.H…Retire In Comfort and Happiness.
UTC Advisory Services Department (ASD) decided to embark on this Retirement Education program due to the lack of readily available information on Retirement in the T&T market.
It was noticed that persons were not prioritizing retirement and found it a tedious and overwhelming task.
ASD therefore decided to conduct a survey of team members at UTC to gain a better appreciation for these challenges.
The Findings showed that:
- 88% of the members were not confident that they will be able to fully retire with a comfortable lifestyle
- 75% of the millenials needed more information and advice on how to achieve their financial goals
- 52% of team members GUESSED their Retirement Savings needs and
- 40% stated that they prefer not to think about or concern themselves with Retirement until they get close to their retirement age.