ACLI Marks Life Insurance Awareness Month With New Research Showing Path To Financial Security

By a News Reporter-Staff News Editor at Insurance Weekly News -- New research from the American Council of Life Insurers (ACLI) finds that nearly two-thirds of U.S. households are on the right track to financial security.

The ACLI study analyzes data from 4,500 U.S. households to provide a comprehensive picture of Americans' current state of financial and retirement security. It finds that 65 percent of U.S. households are on track or nearly on track to be financially secure. Among households considered to be the most financially secure, 25 percent earn $50,000 or less. Among households that need significant financial improvement, 25 percent earn $72,000 or more.

"The study dispels the myth that income levels alone guarantee financial security," said ACLI President and CEO Dirk Kempthorne. "Financial and retirement security can be within everyone's reach so long as they have access to, and use, the right tools."

Keywords for this news article include: Insurance Companies, Investment and Finance, American Council of Life Insurers.

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