Filed Under:,

Cerulli: IRAs 33% of Total Retirement Market by 2016

(AP Photo/Jeffrey Phelps)
(AP Photo/Jeffrey Phelps)

Individual Retirement Accounts (IRAs) will compose 33% of the total retirement market in the U.S. by 2016 according to a new report by Cerulli Associates, Boston, Mass.

Total asset levels have grown 9.6% from 2009 to 2010. The total amount at year’s end 2010 was $15.8 trillion. Cerulli anticipates that retirement markets will grow slightly, in tandem with the continued recovery, at around 1% to reach $16 trillion in 2011. If the economic recovery continues at its current pace, retirement asset levels will hit $22 trillion by 2016. Total IRA assets account for 29.7% of total retirement market assets currently but as Defined Contribution (DC) plans rollover, IRA’s will encompass the aforementioned 33% by 2016.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date


Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]


In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI


Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's


An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources


Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.