The Society of Actuaries' Committee on Post Retirement Needs and Risks is pleased to make available the Phase 2 report of this two-phase effort. Phase 2 identifies basic issues and potential solutions that are important as mid-level net worth households in or near retirement address the financial risks they face in contemplating retirement. It includes 12 user-friendly reference profiles of the pre-retirees and retirees identified in Phase 1.
The report, authored by Noel Abkemeier of Milliman, is a follow-up to the Phase 1 report that defined relevant consumer segments among middle-income / mid-level net worth households. The Phase 1 report can be accessed by clicking on this link:
If you have any questions or comments regarding the report, please contact Steve Siegel, Research Actuary at
The SOA's Committee on Post Retirement Needs and Risks would like to thank the following members of the project oversight group for their review and support of the project:
Segmenting the Middle Market: Retirement Risks and Solutions – Phase II Report
If you have comments or questions, please send an email to