Description: This paper explores the relationship between the Wealth Transfer Index WTI and retirement age, which is the age at which the workers in an economy cease to be economically productive.

Description: This report presents findings from the 2013 Risks and Process of Retirement Survey, specifically those relating to personal risk management. Plans made and actions taken throughout people’s formative working lives develop their “life portfolios.” An important part includes making provisions for their senior years. These steps and efforts continued beyond their working lives to optimize physical, cognitive, emotional and financial well-being comprise their personal management of retirement risk. Such measures include, but are not limited to, when they choose to retire and take Social Security; their spending habits; how they manage debt; how they plan living arrangements and utilize the equity in their homes; the financial products they purchase; and how they employ financial planning services.

Description: The purpose of the latest in this series, the 2005 Risks and Process of Retirement Survey, is to evaluate Americans’ awareness of such risks, how their awareness has changed since 2003, and how it affects the way they manage their finances. This report focuses on attitudes toward longevity specifically in the context of planning for and managing the financial risk of outliving assets in retirement, and relates the public’s understanding of these issues to other studies. Three other reports cover in greater depth the process of retirement, other post-retirement risks, and retirement issues of special concern to women. The 2001, 2003 and 2005 studies separately analyzed current retirees and those not yet retired, referred to in these reports as ‘pre-retirees.’

Description: This research summarizes interviews of individuals 85+ years old, looking at how habits and behaviors from earlier in life affect the later years of retirement.

Description: Recently completed experience and research studies from the SOA.

Description: President Bush is to be commended for making social security private account reform a top legislative priority, but the mixed defined-benefit/defined-contribution model that he has in mind has been criticized for transferring too much investment and longevity risk to account holders. In response, President Bush should consider an alternative approach to private account design - indexed benefit offsets - that would retain the existing defined-benefit model and eliminate this risk transfer. From Pension Section News, April 2005, Issue No. 58.

Description: This article introduces resource pages assembled by the Joint Academy/Society Task Force as well as public misperceptions about the Retirement Security Report published. From Pension Section News, April 2005, Issue No. 58.

Description: This session discusses the results of recent studies, one sponsored the Society of Actuaries, conducted by Mathew Greenwald & Associates and the Employee Benefits Research Institute EBRI and another conducted by Life Insurance Marketing and Research Asssociation LIMRA, focusing on public knowledge and attitudes with regard to post-retirement risks. From the Record of the Society of Actuaries, Volume 28, No. 3, Session 9pd.

Description: This paper sets forth challenges presented by an aging society with a focus on the situation of the individual and the implications for actuaries. From Retirement Needs Framework, M-RS00-1.

Description: This report presents the results of a telephone survey among Americans aged 45 to 80 conducted by Mathew Greenwald & Associates, Inc., and the Employee Benefit Research Institute EBRI on behalf of the Society of Actuaries. The purpose of the study was to evaluate Americans’ awareness of potential financial risks in retirement, how this awareness impacts the management of their finances with respect to retirement, and how Americans are managing the process of leaving the workforce.