Changing Face of Retirement Shines New Light on Aging in America
Experience the interactive Multimedia News Release here: http://www.multivu.com/players/English/7484851-ialc-changing-face-of-retirement/
The project, the Changing Face of Retirement in America, is a comprehensive look at modern expectations for retirement and provides regional narratives that show what retirement means for individuals across the country and the economic spectrum, highlighting the impact financial planning can have on retirement.
"The Changing Face of Retirement depicts a genuine and unromanticized view of retirement," said
The Changing Face of Retirement found several notable conclusions in its polling analysis. Key findings include:
- 54% percent of Americans have never spoken with a financial adviser.
- Confidence in traditional retirement support is weakening. Only 26% of people between 18 and 34 plan to rely on
Social Security . </li> - Nearly 2/3rds of those 55 and older said they plan to work past 67 for financial reasons.
- Only 41% of those ages 54 and under plan to retire before 67.
The retirement experience changes from region to region and across the economic scale. To lend a human face to the findings, IALC spoke with five families from across
"At the end of the day, your retirement will be the result of your willingness to plan ahead, work hard and think carefully about what you are hoping for from your golden years," said Poolman. "By building a diverse financial portfolio that allows for guaranteed income for life, retirement should not be feared, but appreciated. Fixed Index Annuities (FIAs) are one important tool that can act as a helpful part of a savings portfolio and can support a meaningful, long-lasting retirement."
An FIA is an insurance product that does not lose value, even when the market takes a downturn and offers steady income through retirement, while protecting you from market volatility.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/changing-face-of-retirement-shines-new-light-on-aging-in-america-300074130.html
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