Transamerica Retirement Services today announced Wednesday the launch of RetireTrack, a Web-based, interactive and customizable retirement savings tool for retirement plan participants.

The tool helps plan participants analyze and improve their retirement strategies based on their individual goals, financial situation and available investment choices, and is available at www.TA-Retirement.com.

"Transamerica helps empower plan participants to make educated decisions about saving for retirement," said Stig Nybo, president of Transamerica Retirement Services. "Participants can use RetireTrack to create a customized retirement outlook that reflects their individual needs and the realities of their everyday lives. It forecasts whether participants are on track to meet their retirement goals, and, if they're not, it allows them to explore the impact of alternative strategies, such as retiring later or changing the allocations of their investment portfolio."

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