in the United States: Should We Be Concerned …
"With improved life expectancy and advances in medical care, current and future retiree households will, on average, experience longer retirement periods than previous generations. This change is expected to place significant strains on the U.S. retirement system in the future. In light of this change, there have been a variety of different studies on the adequacy of retirement benefits and they reach very different conclusions. The presenters will explore the recent SOA report prepared by Vickie Bajtelsmit and Anna Rappaport, FSA, MAAA, in which they synthesize the existing research on retirement adequacy, including their own studies and offers insight into the differences in research perspectives and objectives, methodology, assumptions and results.At the conclusion of the session, attendees will be able to:• Identify retirement risks and compare the differences in retirement research; and • Evaluate the adequacy of retirement benefits."