LostMoney.com has partnered with My Retirement Direct to enable LostMoney to assist millions of senior Americans with the recovery of their share of the $1 trillion dollars in unclaimed property.
Online PR News – 11-September-2012 – SCOTTSDALE, Arizona – SCOTTSDALE, Arizona - LostMoney.com, a nonprofit organization through its sponsor group, LostMoney Corporate Sponsors, LLC, has entered into a sponsor agreement with My Retirement Direct of Scottsdale Arizona to enable LostMoney to assist millions of senior Americans with the recovery of their share of the $1 trillion dollars in unclaimed property. LostMoney, through its consumer reports, will also assist seniors forced to adjust their retirement plans due to the decline over the past 4 years of the stability of the financial markets.
According to Wayne Warrington, Consumer Advocate for LostMoney.com, over 35 percent of consumers who come to LostMoney for assistance are seniors and have experienced dramatic drops in their retirement accounts. While finding monies owed to them helps, these consumers also need more help to identifying ways to improve their financial position for the future.
"Being that LostMoney is a free consumer service, the financial support provided by My Retirement Direct will allow LostMoney to add staff, to provide millions of additional consumer reports." Warrington said. “During this process we are also able to recommend the services of My Retirement Direct to serve our seniors struggling with the loss to their retirement accounts.”
Mr. Steve Stern of My Retirement Direct stated “We understand that both retirees and pre-retirees are extremely concerned about outliving their income. The closer someone gets to retirement the more they have need for safe retirement solutions. Our company only specializes in providing solutions that are safe, secure and guaranteed which appears to be in direct alignment with the mission of LostMoney.com. We are therefore pleased to be a source of funding for the services LostMoney.com provides to consumers across the country.”
LostMoney.com was founded in 1996 as a consumer assistance site for the recovery of unclaimed property in North America. Today, with over a million consumers in its active member base, and 8 out of 10 adult Americans having a claim for unclaimed property, LostMoney's mission is to expand its consumer base to over 10 million. These consumers will be provided with free reports each month as new unclaimed accounts are identified. LostMoney.com is funded through a private foundation along with a small group of sponsors that are each dedicated to protecting consumer rights along with protecting them from additional loss of assets to the various unclaimed property funds. For more details on LostMoney.com, please visit us at: http://www.LostMoney.com/About_Us.htm
My Retirement Direct is a company that provides, through its advisory network retirement, solutions that are safe, secure and guaranteed for consumers. With over 10,000 American reaching the age of 65 every day for the next 20 years, the company realizes the need to educate consumers on retirement planning options. We understand the need to have products that can grow and adapt to the needs and goals of retirees. Through its advisory team the company provides services in 47 states. To learn more about My Retirement Direct visit: www.myretirementdirect.com
Both of these companies are on the cutting edge of how Americans will do business in the future. LostMoney began with a wholehearted mission to assist consumers with the recovery of property, they are beneficiaries to, that is being held by state governments. Many Americans are starting to wake up to changes in society, realizing that they have a lot of resources to use in which to better take care of themselves. LostMoney has an outstanding track record in proof of care of the consumer and now, LostMoney along with My Retirement Direct, will work together to further assist people in learning to care for, handle and exchange their money and assets in smarter and more attentive ways.