The Changing Face of Retirement
May 8, 2015 by IAL Council
This week we (Indexed Annuity Leadership Council) launched the Changing Face of Retirement project— a nationwide survey, photo series and personal narratives that explore what retirement in America looks like today.
The project gives an in-depth look at the changing nature of retirement. The photo series covers the entire country— from Arizona and Minnesota to Florida and New York. Click HERE to view.
The Changing Face of Retirement also included an independent nationwide survey that found:
• 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.
• Nearly 75% of those 55 and older said they plan to work past age 67 for financial reasons.
• Only 41% of those ages 54 and under plan to retire before 67.
While the typical retirement dynamic is shifting, the Changing Face of Retirement shows that helping your clients take planning into their own hands remains the most effective way to help them ensure a comfortable retirement:
The Changing Face of Retirement Video