LIMRA research shows that men and women give similar rank to financial goals with both choosing retirement as their top savings goal. More women than men (62 percent vs. 55 percent) say they need professional advice for their retirement planning. As the boomer population grows older, they are introducing new issues on the way to retirement.
In the clip below from the 2014 LIMRA Annual Conference, Robert A. Kerzner, CLU, ChFC, president and CEO of LIMRA, LOMA and LL Global, talks about emerging trends of gray divorce and real-life “Golden Girls” and how these trends are causing a fundamental shift in retirement planning.
Gray Divorce and real-life “Golden Girls”