Description: This report presents the results of a 2005 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.

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 report provides an overview of post-retirement risks, how they are perceived, and ways to protect against them. It presents key findings on the major retirement risks explored in the 2009 Retirement Risk Survey and provides context for the results in relation to other studies.

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 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: This report develops a financial fragility index to determine how fragile Americans are and also to explore characteristics of the financially fragile.

Description: To help the next generations to retire with financial security, financial services companies, employers, and financial advisors must do more. There are two paths to doing more: providing programs that work without individuals making choices on their own, and providing more education and encouragement. This paper is an attempt to move these efforts forward by presenting ideas for what consumers, employers, financial professionals, financial services companies, and government should do to help deal with the ongoing retirement challenges.

Description: A highlight report on financial risks stemming from a study on the financial perspectives of aging and retirement of Americans across five generations.

Description: This report presents the results of six focus groups with retirees who have at least $100,000 of investable assets and must depend on that money to maintain their lifestyles because they do not have sufficient amounts of annuitized income from Social Security and defined benefit plans to meet all of their expenses. The purpose of the focus groups was to gain an understanding of how current retirees approach key financial decisions about managing their money in retirement. The benefits of this qualitative study are multidisciplinary. It can help: 1. actuaries design better retirement financial systems, 2. the financial services industry understand areas of misperception and causes of poor management, and 3. provide policy-makers an understanding of how to drive public policy goals.

Description: A highlight report on Financial Priorities stemming from a study on the financial perspectives of aging and retirement of Americans across five generations.