When retirees and pre retirees share their concerns about risks in retirement, inflation often shows up near the top of the list.
A new LIMRA Secure Retirement Institute study finds female pre-retirees (age 50 and older, not retired) are more worried than men about the impact of financial risks they may face in retirement – both in the likelihood and severity of the effect on their retirement security.
Late boomers and pre-retirees have said that saving for retirement is their top objective even when there are many other competing financial goals.
- Industry Trends
- Distribution Channels
- Full Service Broker-Dealer
- Independent Broker-Dealer
- Registered Investment Advisor (RIA/IAR)
- Agency Building
- Multiple Line Exclusive Agency (MLEA)
- Independent Agency/Brokerage
- Workplace Benefits
- Retirement, Institutional/Workplace
- Retirement, Retail
- Retirement Income
- Retirement Planning
- Retirees and Pre-Retirees
When planning for retirement, consumers confront many potential perils such as longevity, inflation and investment risk.
WINDSOR, Conn. and Schaumburg, Ill., July 14, 2009 – The number of retirees who say they are worried about financial security has more than doubled in the past year, and many are tightening budgets or seeking professional financial advice.
LIMRA Secure Retirement Institute Study: Nearly Half of Surveyed Annuity Owners Said Ownership Boosts Retirement Confidence
A recent study by LIMRA Secure Retirement Institute has revealed another reason to consider annuities in retirement planning — they provide a boost of confidence.
Retirees and Pre-retirees Trade Control for Investment Growth, Flexibility and Guaranteed Lifetime Income
A new study by the LIMRA Secure Retirement Institute found the majority of retirees and pre-retirees are more interested in income solutions that offer investment growth, flexibility, and guaranteed lifetime income than in those allowing them to maintain control over the management of their assets.