Longevity, Early Retirement Pose Savings Challenge
Wayne Park, CEO of John Hancock Retirement, discusses ways the retirement industry can help workers be better prepared for retirement.
Tag: longevity risks
BlackRock, Policy Group Detail Results of Delaying Social Security, Adding Guaranteed Income
Researchers ran participant simulations to show retirement income spending power could get an almost 30% boost with the strategies.
TIAA Survey Suggests Women May Be Better at Predicting Life Expectancy
The research shows that most people don’t know average life expectancies, but women have a better handle on it than...
Trends
Miscalculated Longevity Risk
Americans’ projections about their own life expectancy often miss the mark, which can create problems as to at what rate...
Underestimating Longevity Risk
Americans’ projections about their own life expectancy often miss the mark, which can create problems in retirement.
Americans Are Worried About Inflation in Retirement, But Few Are Taking Action to Prepare
Experts say there are things pre-retirees and retirees can do to prepare for a retirement that could last 20 to 30 years.
Gen X Facing the Stark Reality of Retirement
More than any other generation, its members are receptive to in-plan guarantees.
Club Vita Offers Longevity Service to Segal Clients
Segal clients in the United States will also have the opportunity to engage Club Vita’s approaches to measuring and managing plan longevity risk, including annual reporting.
Being Realistic About Longevity
More retirement plan participants are recognizing the financial implications of longer lifespans.
Service Estimates Longevity for Pension Plan Sponsors
Club Vita looks at zip codes and other characteristics of the participants in DB plans to estimate longevity risk.
With LDI, DC Plans Can Address Individuals’ Retirement Obstacles
LGIMA and TIAA executives predict individual investors will adopt some principles of “liability-driven investing” commonly practiced by pensions.
Participants Averse to Annuities May Like Deferred Income Products
New EBRI data shows both defined contribution and defined benefit plan participants favor cashing out their accrued benefits over purchasing annuities, potentially jeopardizing retirement security.
Individuals Not Effectively Preparing for Retirement-Related Risks
For example, the Society of Actuaries found all generations are highly concerned with having enough money to pay for health care in retirement, however, saving for the future...
DC Plan Sponsors Choose Long-Term Retirement Objectives Over Short-Term Risks
According to a T. Rowe Price study, 65% of defined contribution plan sponsors believe achieving the highest retirement income opportunity for participants is their greatest priority.
Single Female Retirees Worry the Most About Longevity Risk
Forty percent of single retirees overall do not think their savings will be enough if they reach age 90.