WINDSOR, Conn., Feb. 18, 2014 — A new LIMRA Secure Retirement Institute (LIMRA SRI) study found that 27 percent of U.S. workers, ages 55-64, say they do not know how they will use their defined contribution (DC) plan savings after they retire.
There has been a lot of media coverage about older Americans not being prepared for retirement.
New LIMRA Secure Retirement Institute Study Reveals Majority of Workers Save Only Enough to Equal the Employer Match
WINDSOR, Conn., Feb. 24, 2016— New research from LIMRA Secure Retirement Institute reveals that workers from for profit and not for profit organizations will save only enough in their defined contribution (DC) plan to receive the full company match.
WINDSOR, Conn., July 14, 2014 — A new LIMRA Secure Retirement Institute Research survey found that 78 percent of workers recognize their personal responsibility to save for their retirement - among defined contribution (DC) plan participants, 84 percent feel it is their responsibility to save for their retirement.
LIMRA Secure Retirement Institute: Most Plan Participants Who Rollover DC Assets into IRA Seek Advice
Better returns, consolidation of assets and more control drive decision to rollover into IRA
WINDSOR, Conn., April 18, 2013 —LIMRA research reveals that the majority of Generation X and Y consumers have little understanding of financial products and services and less than half make saving for retirement their top priority.
WINDSOR, Conn., Oct. 31, 2012 — A new LIMRA study reveals that two-thirds of middle-income ($40,000-$99,999) American workers are saving less than five percent of their annual income for retirement - with nearly a quarter saving nothing at all.
LIMRA Secure Retirement Institute: Fewer than 1 in 5 American Workers Contribute to Traditional IRAs
WINDSOR,Conn. March 19, 2014—A new LIMRA Secure Retirement Institute study finds that only 17 percent of American workers currently contribute to a traditional individual retirement account (IRA) – and only 28 percent contribute to any kind of IRA (i.e., traditional, Roth, or SEP/SIMPLE).
WINDSOR, Conn., Oct. 18, 2011 — In a recent survey of Americans age 18 and older (not yet retired), 40 percent said they currently save no money each month toward retirement.
LIMRA Secure Retirement Institute Finds Half of Workers Would Save for Retirement If Payroll Deduction Was Available
WINDSOR, Conn., March 2, 2017 – A new LIMRA Secure Retirement Institute study indicates 61 percent of U.S. workers without an employer sponsored retirement savings plan would be more likely to save for retirement if they access to one.