Talking Points

Tired of giving the same old presentations? Use these nuggets of information to spruce them up.
Reported by PLANADVISER Staff

 

  • In Over Their Heads: Eighty-eight percent of middle-income Baby Boomers found caregiving for a parent or spouse affected them more than they had expected, says a report from Bankers Life and Casualty Company Center for a Secure Retirement. More than a third (34%) said it cost more than anticipated, 33% said it affected relationships, and 32% said it required physical strength.
  • DCIO Power: Over the next five years, the defined contribution investment only market should surpass $4 trillion in assets, up from $2.8 trillion at year-end 2012, Strategic Insight projects.
  • While 71% of retirement plan participants use social media, a scant 6% use it to learn about their retirement plan, a MassMutual Retirement Services survey found.
  • Reality Check: More than one-third (36%) of Generation X employees are worried they will run out of savings in retirement, compared with only one-quarter of Generation Y employees (ages 18 through 32) and three in 10 Baby Boomers (ages 49 through 68), according to LIMRA.
  • “He who does not economize will have to agonize.” -Confucius