21% of Americans have no money in their retirement savings. There are 1,115,000 firefighters in the USA and more than 800,000 sworn law enforcement officers serving in the United States. A large portion of those brave men and women are worried about their pensions and not being financially secure in retirement.
A 2018 study conducted by Northwestern Mutual discovered that 21% of Americans have nothing in retirement savings. The study also found that an additional 10% of Americans have less than $5,000 in savings. Meanwhile, one-third of Baby Boomers currently in or near retirement age, have between nothing and $25,000 set aside for retirement. The continued rise in healthcare and everyday living makes it more critical than ever to have retirement funds in savings.
Arrest Your Debt, a company focused on providing actionable financial strategies, offers free training and financial seminars to first responders. The company is dedicated to working with police officers and firefighters to help them learn to budget their money effectively and retire millionaires – even on a public servant salary. Arrest Your Debt provides advice, training, and actionable tips on how first responders can make their money work for them. The goal is to retire comfortably, even if their pension system collapses.
The average American has nothing saved for retirement, and most individuals with pensions, have no additional retirement savings. Arrest Your Debt focuses much of its work on educating individuals on their pensions, paying off existing debt, and how to have money in the bank for retirement.
Arrest Your Debt has partnered with a nonprofit organization, the 100 Club of Arizona, to provide free training and financial seminars to first responders. The company’s website is full of tools and resources, allowing individuals to learn more about their money and how to eliminate debt with a solid plan.
Founded by a first responder, Arrest Your Debt stresses it is not a “get rich quick” business. The company works with clients to understand their spending habits more thoroughly to grow their existing incomes. According to Arrest Your Debt, clients need to focus on their money working for them rather than working for money.
For more information on Arrest Your Debt and its seminars, please visit https://arrestyourdebt.com/.