Pre-retirees Who Work with an Advisor Are Twice as Likely to Feel Well Prepared for Retirement
WINDSOR, Conn., April 27, 2017 — A new LIMRA Secure Retirement Institute study finds 43 percent of U.S. pre-retirees (ages 50-75) who work with an advisor feel well prepared for retirement, compared with just 21 percent of pre-retirees who do not work with an advisor.
LIMRA Study: Fewer Pre-Retirees Feel Prepared for Retirement Than in 2010
WINDSOR, Conn., Nov. 26, 2012 — Only one in four of the 33 million U.S. pre-retirees (non-retired, aged 55-70) said they felt very prepared for retirement, compared to 30 percent of pre-retirees surveyed in 2010, according to a new study by LIMRA.
LIMRA: Pre-Retirees Who Work With A Financial Advisor Are More Confident in Their Future
WINDSOR, Conn., May 10, 2011 — While almost two-thirds of pre-retiree households (age 55-70) do not have a professional financial advisor, the majority (54 percent) of those who do, feel confident that they will be able to live the retirement lifestyle they choose.
Retirees Who Own An Annuity Are More Confident
A new LIMRA Secure Retirement Institute study finds retiree annuity owners feel more confident that they are more likely to afford their preferred retirement lifestyles - even if they live to age 90 or older - than retirees who do not own an annuity. The study includes retirees with annual household incomes of $35,000 or more.
LIMRA Secure Retirement Institute: Single Retirees Feel More Vulnerable to Longevity Risk
Annuity ownership leads to greater confidence in retirement outcomes LIMRA Secure Retirement Institute provides comprehensive, unbiased research and education about all aspects within the retirement industry to improve retirement readiness and promote retirement security.
LIMRA SRI: Twice as many clients with a formal retirement plan are satisfied with their advisors than those without one
Retirement planning can be challenging for everyone that is involved. For clients, it can be stressful to plan the golden years of your life and consider the possible costs.
Message to Pre-retirees: Plan for Competing Financial Goals
Late boomers and pre-retirees have said that saving for retirement is their top objective even when there are many other competing financial goals.
LIMRA: Less than Half of Pre-Retirees Expect to Live Their Desired Lifestyle in Retirement
Having an Advisor and Accomplishing Some Key Retirement Planning Activities Improves Pre-retirees' Outlooks.