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: This article focuses on personal experiences and observations, what risk managers say about emerging risks, how climate and emerging risks fit into the bigger retirement picture for the individual, and how they affect actuaries and plan sponsors. During the last few years, there has been an increasing concern about the impact of emerging risks and about concerns about them. Climate change is a top emerging risk. At the end of 2022, climate change was highlighted in the news as a major concern. At the 2022 annual meeting of the SOA, it was clear that actuaries accepted the importance of climate change and the need to think about how it affected many areas of practice. It is however clear that disruption can also come from other emerging risks. This article focuses on the broader picture of emerging risks but with more detail about climate change. It looks at the issues through SOA research, personal experience and other data to provide a big picture insight into these risks and retirement security.

Description: Understanding how life expectancy can impact retirement planning is an important aspect of preparing for a happy, healthy, and well-funded retirement. To provide information and insights on longevity, the SOA has launched its Age Wise series of infographics.

Description: This study builds on the prior studies, Measures of Retirement Benefit Adequacy and Improving Retirement Outcomes: Timing, Phasing, and Benefit Claiming, with a specific focus on how longevity impacts household financial needs in retirement and which strategies can best address these financial strains. A major conclusion from this research is that the risk of living long should be more carefully incorporated in household retirement planning.

Description: This presentation from Session 10 of the SOA June 2005 New Orleans Health/Pension Spring Meeting discusses thirty years of changing retirement risks faced by American workers. From the Record of the Society of Actuaries, Vol. 31, No. 2.

Description: 2015 Risks and Process of Retirement Survey – Key Findings and Issues

Description: This session looks at the many software packages available to help plan for retirement. Each of these includes some model of post-retirement needs. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 148PD.

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.

Description: 2015 Risks and Process of Retirement Survey – Report of Findings

Description: This report presents the results of a 2003 telephone study among Americans ages 45 to 80. The purpose of the study was to evaluate Americans’ awareness of potential financial risks, how this awareness impacts the management of their finances with respect to retirement and how Americans are managing the process of leaving the workforce.