Cooperative Extension Service Departments
Family and Consumer Sciences Programming
Financial Security in Later Life
Goals, Objectives, Benchmarks, Curriculum
Goal# 1 Enhance the capacity of Extension and other
community educators to develop, market, implement and evaluate research-based
financial management programs.
Objective #1 Provide comprehensive training to equip Extension and
community educators with the skills, knowledge, tools, strategies, resources and
motivation to deliver and evaluate local education programs focusing on
financial security in later life.
Benchmark
1. Number Extension and community educators reporting
increased ability and motivation to plan, deliver and evaluate financial
literacy education programs related to later life issues. (FSLL Indicator 2)
2. Number Extension and community educators who deliver and
evaluate CES financial management training
3. Number participants reporting an increased knowledge of
financial management concepts and skills (FSLL Indicator 2)
Audience
1. Adults
2. Agents
Curriculum
1. America Saves
2. Baby Boomers Come of Age
3. Ballpark Estimate
4. Financing Long-Term Care
5. Guidebook to Help Late Savers Prepare for Retirement
6. Investing for Your Future
7. Legal Check-Up
8. Planning for A Secure Retirement
9. Retirement Estimator for Farm Families
10. Savings Fitness: A Guide to Your Money and Your Financial
Future
11. Take the Road to Financial Security in Later Life
12. Who Gets Grandma’s Pie Plate?
Method
1. In-Service Training
2. Newsletters
3. Self-study
Goal# 2 Improve personal finance behaviors of
participants to establish a foundation for a secure financial future.
Objective #1 Participants will increase savings.
Benchmark
1. Number participants who initiate or increase contributions
to a saving, investing, or retirement plan.
2. Total dollars saved by participants (FSLL 15)
3. Number participants who plan to utilize recommended
financial management practices, including budgeting for savings contributions. (FSLL
4a)
4. Number participants who utilized recommended financial
management practices, including budgeting for savings contributions. (FSLL 4b)
Audience
1. Adults
Curriculum
1. America Saves
2. Baby Boomers Come of Age
3. Ballpark Estimate
4. Guidebook to Help Late Savers Prepare for Retirement
5. Investing for Your Future
6. Planning for A Secure Retirement
7. Retirement Estimator for Farm Families
8. Savings Fitness: A Guide to Your Money and Your Financial
Future
9. Take the Road to Financial Security in Later Life
10. Life Skills for Work and Family
11. Money 2000 Lessons
12. Money and You
13. Savings Fitness: A Guide to Your Money and Your Financial
Future
14. There's Always a Choice
Method
1. Leader Training
2. Newsletters
3. One-to-one Consultation
4. Presentation
5. Web site
6. Work site education
7. Workshop
Objective #2 Participants will reduce consumer credit debt.
Benchmark
1. Number of participants who plan to manage their use of
credit, reduce debt and/or reduce household spending in light of their long-term
goals for later life.
2. Number of participants who have managed their use of
credit, reduced debt and/or reduced household spending in light of their
long-term goals for later life.
3. Total consumer credit debt reduced by participants
Audience
1. Adults
Curriculum
1. America Saves
2. Ballpark Estimate
3. Financing Long-Term Care
4. Guidebook to Help Late Savers Prepare for Retirement
5. Investing for Your Future
6. Life Skills for Work & Family
7. Money2000 notebook
8. Money & You
9. Planning for A Secure Retirement
10. Retirement Estimator for Farm Families
11. Savings Fitness: A Guide to Your Money and Your Financial
Future
12. Take the Road to Financial Security in Later Life
Method
1. Leader Training
2. One-to-one Consultation
3. Presentation
4. Web site
5. Work site education
6. Workshop
Objective #3 Participants will calculate dollar costs of long-term
goals and establish savings/investment goals.
Benchmark
1. Number participants who plan to determine retirement and/or
future income needs. (FSLL 7a)
2. Number of participants who calculate their income needs for
retirement using the "Ballpark Estimate" or other type of tool to determine
retirement income needs. (FSLL 7b)
3. Number of participants who plan to develop a plan to
achieve retirement and/or future income goals. (FSLL 8a)
4. Number of participants who develop a plan to achieve
retirement and/or future income goals. (FSLL 8b)
5. Number of participants who have increased their financial
literacy related to later life issues. (FSLL Indicator 2)
Audience
1. Adults
Curriculum
1. America Saves
2. Ballpark Estimate
3. Financial Checkup
4. Money 2000 Lessons
5. Savings Fitness: A Guide to Your Money and Your Financial
Future
Method
1. Leader Training
2. One-to-one Consultation
3. Presentation
4. Web site
5. Work site education
6. Workshop
Goal #3 Workshop participants will apply and practice personal
finance knowledge, skills and strategies to realize financial security in later
life
Objective #1
1. Participants will use recommended financial management
strategies to increase long-term savings for retirement and other financial
goals.
Benchmark
1. Number of participants who plan to initiate or increase
contributions to a retirement savings plan.
2. Number of participants who have initiated or increased
contribution to a retirement savings plan.
Audience
1. Adults
Curriculum
1. Investing for Your Future
2. Planning for a Secure Retirement
3. Retirement Estimator for Farm Families
4. Retirement: Secure Your Dreams
5. Take the Road to Financial Security in later Life
Method
1. Leader Training
2. One-to-one Consultation
3. Presentation
4. Web site
5. Work site education
6. Workshop
Objective #2 Participants will maximize the use of job related
financial benefits.
Benchmark
1. Number of participants who plan to initiate or increase
contributions to an employer-provided retirement savings plan.
2. Number of participants who have initiated or increased
contributions to an employer-provided retirement savings plan.
Audience
1. Adults
Curriculum
1. Investing for Your Future
2. Planning for a Secure Retirement
3. Retirement Estimator for Farm Families
4. Retirement: Secure Your Dreams
Method
1. Leader Training
2. One-to-one Consultation
3. Presentation
4. Web site
5. Work site education
6. Workshop
Objective #3 Participants will analyze their long-term financial
security.
Benchmark
1. Number participants who complete a "Financial Check-Up,"
part of Take the Road to Financial Security in Later Life, to analyze financial
security.
2. Number of participants who plan to determine retirement
and/or future income needs.
3. Number of participants who have determined retirement
and/or future income needs.
Audience
1. Adults
Curriculum
1. Investing for Your Future
2. Retirement Estimator for Farm Families
3. Retirement: Secure Your Dreams
4. Take the Road to Financial Security in Later Life
Method
1. Leader Training
2. One-to-one Consultation
3. Presentation
4. Web site
5. Work site education
6. Workshop
Goal #4 Workshop participants will increase their
knowledge of how to enhance their financial security in later life
Objective #1
1. Participants will increase their understanding of basic
investing concepts, principles and strategies.
2. Number of participants who plan to establish or revise
investment goals.
3. Number of participants who have established or revised
investment goals.
Audience
1. Adults
Curriculum
1. Investing for Your Future
2. Investing In Mutual Funds
3. Planning for a Secure Retirement
4. Retirement Estimator for Farm Families
5. Retirement: Secure Your Dreams
6. Take the Road to Financial Security
Method
1. Leader Training
2. One-to-one Consultation
3. Presentation
4. Web site
5. Work site education
6. Workshop
Objective #2 Participants will initiate or increase participation in
an investment program.
Benchmark
1. Number of participants who plan to investigate investment
options, purchase new investments and/or utilize recommended investment
practices (e.g., asset allocation, dollar-cost averaging, etc.) (FSLL – 10a)
2. Number of participants who have investigated investment
options, purchased new investments and/or utilized recommended investment
practices (e.g., asset allocation, dollar-cost averaging, etc.). (FSLL- 10b)
3. Number participants reporting an increase in dollars
invested (FSLL-15)
Audience
1. Adults
Curriculum
1. Guidebook to Help Late Savers Prepare for Retirement
2. Investing for Your Future
3. Investing In Mutual Funds
4. Planning for a Secure Retirement
5. Retirement: Secure Your Dreams
Method
1. Leader Training
2. One-to-one Consultation
3. Presentation
4. Web site
5. Work site education
6. Workshop |
