Filed Under:Annuities, Suitability

Running out of funds in retirement

LIMRA finds misinterpreted life expectancy data can lead to problems

Fifty-nine percent of advisors in a recent LIMRA survey reported that they had “major concerns” about their clients outliving their assets.

Cautionary tales abound detailing the potential devastating outcomes of the longevity crisis — the combination of an extended lifespan and an inadequate retirement plan — have yet to force the masses to recalibrate their income plan during retirement in order to not outlive their money.

Featured Video

Most Recent Videos

Related resources

More Resources

Comments

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.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.