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U.S. Bank and U.S. Bancorp Investments Launch a Holistic Approach to Retirement Planning

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U.S. Bank and U.S. Bancorp Investments have launched RealSteps>Retirement(R) (www.usbank.com/retirement,) a comprehensive and disciplined retirement planning process that takes a holistic approach to planning for retirement. This new process seeks to bring clarity and confidence to retirement planning by breaking down a complex process into three actionable steps: real understanding, real answers and real progress.

“Our new RealSteps>Retirement planning process seeks to address the various aspects of retirement planning and is focused on helping meet the needs of our clients, no matter where they are in their retirement planning. Our goal is to help them take action and be financially prepared to retire,” said Mark Jordahl, president of U.S. Bank Wealth Management. “Whether you’re beginning your career or your retirement is in the immediate future, this process is designed to help you work towards your retirement goals.”

The first step, real understanding, provides a wealth of educational tools and resources that seeks to address various aspects of retirement planning, including articles on more than a dozen key retirement topics, including social security, Medicare and IRAs. Real answers provides in-depth analysis and detailed checklists to help people think through important retirement planning milestones and concepts. Real progress is our commitment to helping clients take necessary steps and stay on track with their plans, whether they are decades from retirement, approaching retirement or already in retirement.

Preparing for income in retirement has become increasingly complex, as evidenced by numerous defined-contribution plans and IRAs, social security, Medicare, long-term care needs and increased life expectancies. The 2014 Retirement Confidence Survey by the Employee Benefits Research Institute found that half of all workers have less than $10,000 saved for retirement. That same survey also found that half of workers 55 and older have less than $50,000 in retirement savings.

As traditional defined-benefit pension plans continue to be phased out, more Americans are realizing that saving for retirement is their own responsibility. According to a 2013 report from The Conference Board, 62 percent of baby boomers report that they believe they will have to delay retirement. The RealSteps>Retirement process offers a path forward and seeks to bring clarity and confidence to a complex process.

“Our RealSteps>Retirement planning process is designed to help simplify retirement planning. We work closely with clients to develop a strategy that can help generate retirement income, a retirement ‘paycheck,’ that can support a retirement as long as two to three decades,” said Bill Benjamin, president and CEO of U.S. Bancorp Investments. “There is a significant need for this kind of hands-on retirement planning process, which takes a uniquely educational approach and tailors it to individuals and business owners alike.”

To learn more about RealSteps>Retirement, please visit www.usbank.com/retirement or call 800-871-6250.

About U.S. Bank Wealth Management
U.S. Bank Wealth Management offers comprehensive wealth management services, including wealth planning, investment management, trust and estate services, and private banking, for individuals, families, and their foundations through three distinct service models. Ascent Private Capital Management (ascent.usbank.com) serves clients with $50 million or more in net worth; The Private Client Reserve (reserve.usbank.com) serves clients with $3 million or more in net worth; and The Private Client Group serves affluent clients with more than $100,000 of investable assets.

About U.S. Bancorp Investments
U.S. Bancorp Investments, an affiliate of U.S. Bank, provides financial planning, investment management, full-service brokerage, self-directed brokerage, and insurance products and services to individual investors. Financial Advisors serve clients with more than $100,000 in investable assets at more than 3,000 U.S. Bank branches in 25 states. For more information, visit usbank.com.

About U.S. Bancorp
U.S. Bancorp (NYSE:USB) , with $389 billion in assets as of June 30, 2014, is the parent company of U.S. Bank National Association, the fifth-largest commercial bank in the United States. The Company operates 3,174 banking offices in 25 states and 5,005 ATMs and provides a comprehensive line of banking, investment, mortgage, trust and payment services products to consumers, businesses and institutions. Visit U.S. Bancorp on the web at usbank.com.

About U.S. Bank
Credit products offered by U.S. Bank are subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC. U.S. Bank is not responsible for and does not guarantee the products services or performance of U.S. Bancorp Investments.

RealSteps>Retirement(R) is a registered trademark of U.S. Bancorp.

Investment and Insurance products and services are:

Not a Deposit Not FDIC Insured Not Guaranteed by the Bank
May Lose Value Not Insured by Any Federal Government Agency

U.S. Bancorp Investments and U.S. Bank are not affiliated with the companies or organizations mentioned above. U.S. Bancorp and its representatives do not provide tax or legal advice. Each individual’s tax and financial situation is unique. Individuals should consult their tax and/or legal advisor for advice and information concerning their particular situation.

For U.S. Bancorp Investments:

Investment products and services are available through U.S. Bancorp Investments, the marketing name for U.S. Bancorp Investments, Inc., member FINRA and SIPC, an investment adviser and a brokerage subsidiary of U.S. Bancorp and affiliate of U.S. Bank.

Insurance products are available through various affiliated non-bank insurance agencies, which are U.S. Bancorp subsidiaries. Products may not be available in all states. CA Insurance License# OE24641.

For U.S. Bank:

Credit products offered by U.S. Bank and subject to normal credit approval. Deposit products offered by U.S. Bank National Association. Member FDIC.

U.S. Bank is not responsible for and does not guarantee the products, services or performance of U.S. Bancorp Investments

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