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.
National Women’s History Month: Women Feel More Vulnerable to Retirement Risks
Women’s roles in our society have changed over the past 50 years with more women receiving degrees and joining the workforce. Nearly 60 percent of women were in the U.S. labor force in 2016, and the proportion of working women with college degrees has almost quadrupled since 1970.
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 Secure Retirement Institute: U.S. Single Premium Pension Buy-out Sales Break 15-Year Record in the Second Quarter 2017
WINDSOR, Conn., August 31, 2017 – U.S. single premium pension buy-out product sales were $4.1 billion in the second quarter of 2017, more than three times higher than sales recorded in the second quarter 2016, according to LIMRA Secure Retirement Institute’s quarterly U.S. Group Annuity Risk Transfer Survey.
LIMRA Secure Retirement Institute: U.S. Single Premium Pension Buy-out Sales Post Record-Breaking Results for Second Consecutive Quarter
WINDSOR, Conn., Nov. 16, 2017—U.S. single premium pension buy out product sales were $6.4 billion in the third quarter of 2017, a 7 percent increase compared with prior year.
LIMRA Secure Retirement Institute: Expectations vs. Reality – More than a Quarter of U.S. Retirees Underestimated Basic Living Expenses in Retirement
WINSDOR, Conn. Oct. 16, 2017— A new study by LIMRA Secure Retirement Institute finds 26 percent of retirees said their basic living expenses in retirement were higher than they expected prior to retiring.
LIMRA Secure Retirement Institute: U.S. Single Premium Pension Buy-out Sales Exceeds $1.3 billion in the First Quarter 2018
WINDSOR, Conn., May 23, 2018 – U.S. single premium pension buy-out product sales exceeded $1.3 billion in the first quarter 2018, dropping 3 percent from first quarter 2017. This is the 12th consecutive quarter of sales over $1 billion, according to the LIMRA Secure Retirement Institute (LIMRA SRI) quarterly U.S. Group Annuity Risk Transfer Survey.
LIMRA Secure Retirement Institute: U.S. Single-Premium Pension Buy-Out Sales Surpass $4.7 Billion for the Second Consecutive Quarter
U.S. single-premium pension buy-out product sales surpassed $4.7 billion in the second quarter 2019, which is the 18th consecutive quarter of $1 billion+ sales.