Description: The financial environment changed dramatically between 2008 and 2009. To gauge the impact of the financial downturn on retirees, the Society of Actuaries, LIMRA, and the International Foundation for Retirement Education re-surveyed respondents of the 2008 study, 'Will Retirement Assets Last a Lifetime?'. The original 2008 study surveyed 1,524 retirees ages 55 to 75 with $100,000 or more in household investable assets prior to the financial downturn. The participants were re-contacted in April 2009 and posed a subset of the original questions via an online survey. In this follow-up report, the 2009 results are contrasted with the results of the original 2008 study.

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: This is the report of a research project sponsored by the Society of Actuaries Committee on Post Retirement Needs and Risks, LIMRA, and the International Foundation for Retirement Education. The report shows the findings of a survey posed to approximately 1,500 retirees with $100,000 or more of investable financial assets. The survey questions explored how retirees make decisions about investing their assets and purchasing financial products. The report provides valuable information for actuaries and the financial services industry.

Description: A supplemental report conducted in 2009 to contrast results of the 2008 study, 'Will Retirement Assets Last a Lifetime'? It discusses retirees confidence in having sufficient assets to fully fund their retirement, their willingness to take risk, efforts to control spending and their use of financial advisers.

Description: Compilation of the answers gathered through the survey, Will Retirement Assets Last a Lifetime?

Description: Compilation of the answers gathered through the survey, Will Retirement Assets Last a Lifetime?

Description: Compilation of the answers gathered through the survey, Will Retirement Assets Last a Lifetime?

Description: This is the Questionnaire used for the research study, 'Will Retirement Assets Last a Lifetime?'. That study, sponsored by the Society of Actuaries Committee on Post Retirement Needs and Risks, LIMRA, and the International Foundation for Retirement Education, surveyed approximately 1,500 retirees with $100,000 or more of investable financial assets. The survey questions explored how retirees make decisions about investing their assets and purchasing financial products