Retirement Trends

For advisors who are active in the LTCI market, this study is a must-read.

Living longer, women need more retirement money but their lower pay hurts no matter how hard they try to save.

When the government announced it would include qualified longevity annuity contracts in 401(k) plans, the insurance industry rejoiced. Yet, for all the initial excitement, QLACs have been slow to move out of the gate.

Increases in deductibles mean the gap or donut hole in outpatient prescription drug coverage and cutbacks to both private employment-based retirement plans and the Medicare program, will require retirees to have more retirement savings.

The new mortality tables have hit defined benefit plans' funded status hard.

Let's consider how inequality affects the funding of our collective retirements in the United States of America. For example, Fortune 500 CEOs have $3.2 billion in special tax-deferred compensation accounts that are exempt from the annual contribution limits imposed on ordinary 401(k)s.