Filed Under:Life Insurance, Life Planning Strategies

LIMRA: 6 in 10 Consumers Who Have an Advisor Save for Retirement

Photo credit: Graur Razvan Ionut
Photo credit: Graur Razvan Ionut

Consumers who rely on financial advisors are more likely to be saving in a retirement plan and to be saving at a higher rate than those without an advisor, according to a new study.

LIMRA, Windsor, Conn., published this finding in a summary of results from a new of survey. The study reveals that consumers who have financial advisors are more confident they will have enough to last throughout retirement than their counterparts.

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Nichole Morford

Nichole Morford
Managing Editor

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