Photo: Getty

New research indicates that wealthier preretirees and retirees might need some help figuring out a drawdown strategy for retirement assets, and are reluctant to leave funds in employers’ retirement plans.

In a study examining the impact of parenthood and wealth transfer on retirement funding, Hearts and Wallets considered a specific segment of the population: the 5.2 million households between the ages of 53 and 70 who have from $500,000–$5,000,000 in investable assets and who as a group control about $10 trillion in assets.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events.
  • Access to other award-winning ALM websites including and

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including and
  • Exclusive discounts on and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.