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 men.
Underestimating Longevity Risk
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
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
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.
Sponsors Focus on the Long Term
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.