Talking Points

Reported by

Future Fears, by Gender

Future Fears, by Gender
Fear they will outlive
their assets
Expect to face significant
health care costs
Think they will incur
long-term care costs
Source: LIMRA-SRI

From an Adviser’s POV

What plan advisers observe about their plan sponsor clients

From an Adviser’s POV
Clients want to keep serving their workers once retired
Clients should offer retirement income solutions
Clients should make distributions available on a monthly basis
Source: PIMCO Defined Contribution Consulting Study (13th annual)

Realistic Expectations

Forty-four percent of American workers who participate in a company-sponsored retirement plan believe they will be comfortable in retirement as long as they spend carefully.

Source: Natixis

Millennials Attuned to Others

Of 2,000 Millennials surveyed, 83% who have never invested said, if they did, they would choose a company that is ethical and socially responsible.

Source: OnePoll on behalf of Ally Financial

Stressed!

Seventy percent of American workers say they’ve felt anxious about their finances in the past year, and 65% expect that to continue over the next 5 years.

Source: Prudential, American Workers Survey

Falling Flat

Large majorities of women say they prioritize planning for their retirement and their family’s future—90% and 84%, respectively—yet over 70% say they don’t do a very good job at either.

Source: Lincoln Financial, 2018 Love and Responsibility Survey

A Hand Extended

Managed accounts and target-date funds continue to gain ground, and over one-third of companies now offer investment advice for their retirement plan participants.

Source: Plan Sponsor Council of America, 61st Annual Survey of Profit Sharing and 401(k) Plans

What Investors See as the Benefits Of Working With an Adviser

What Investors See as the Benefits Of Working With an Adviser
Source: 2019 Wells Fargo/Gallup Investor and Retirement Optimism Index (first quarter)

Smart About Finances and Saving for Retirement

Eighty-eight percent of respondents who correctly answered 76% or more questions asked for the 2019 TIAA-GFLEC Personal Finance Index save for retirement on a regular basis.

Source: TIAA and the Global Financial Literacy Excellence Center at the George Washington University School of Business