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.
Retirees Slow to Draw Down Assets
They are worried about longevity risk.
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.