The potential for Baby Boomers to outlive their money in retirement has increased dramatically, creating great uncertainty for many, even as they live longer. According to a new study by Conning Research and Consulting, Inc., this market condition presents a prime opportunity for insurers to educate consumers about their longevity risk, and position their products and services as the best solution to manage that risk. ; « Some Baby Boomers have already entered early retirement, and others are fast approaching retirement age at a time when longevity risk could drastically reduce their ability to afford a lifestyle they dreamed about, » said Terence Martin, analyst at Conning Research & Consulting, Inc. ; « In the Boomer’s lifetime, there has been a substantial decrease in defined benefit pension plans, with little offsetting increase in personal savings or in educating the pre-retiree to effectively plan for their retirement. » ; The Conning Research study, « Changing Times in the Retirement Market: Growing Longevity Risk, Growing Opportunities, » presents financial issues facing future retirees, along with an assessment of the insurance industry’s product innovations, competitive positioning versus the mutual fund industry, and future opportunities. ; « Our study presents an actuarial balance sheet for the retiree, and analyzes the economics
Ce contenu est restreint aux membres. Si vous êtes un utilisateur enregistré, connectez vous. Les nouveaux utilisateurs peuvent s'enregistrer ci-dessous.
