Posted by In 2022, 60% of retiree investors agree that it will be increasingly difficult to create a steady stream of lifetime retirement income.
Retirement investors believe thatLow deposit rates, and rising inflation, are two of the main reasons it's getting harder to retire.
96% emphasized "guaranteed monthly retirement income"
Research firm Artemis Strategy Group recently released a research report on the status of retirement wealth managers in the current economic situation.
The data survey was conducted among U.S. residents between the ages of 55 and 70, with individual assets between $25 and $2 million, and no traditional pension.
Twenty-four percent of respondents, nearly a quarter, said they were very concerned about severe inflation that would ultimately affect their quality of life in retirement.
For 96% of the respondents, having a "guaranteed monthly income" after retirement is crucial.
Stock speculators and cashiers worry the most
Nearly 35% believe that,It is "extremely important" to have a "guaranteed monthly income" after retirement, who typically do not take any financial measures to protect retirement assets.
Among the respondents, those who have used insurance or bond portfolios to protect their retirement assets are slightly less concerned, at 24% and 23%, respectively.
The most concerned investment groups belong to those who use stocks and funds to allocate retirement assets, followed by those who do not participate in investment and financial management at all and hoard cash assets.
The data pointed out that 73% of those who use stocks and funds to protect their retirement assets are more concerned about retirement income.66% of those who hoard cash to protect their retirement assets are concerned.
Two groups, both worried about a correction in the stock market and the possibility of continued inflation.The potential contradiction between the two has exacerbated the unease of these two groups of investors.
People with insurance are relatively more secure
Among the interviewed groups, the holders of pension insurance have a better current mentality than those without pension insurance.
More than half (62%) of those with superannuation insurance said they had money in an insurance account guaranteed for a lifetime.in,Nearly half (48%) said they were very comfortable with it and were not at all concerned about their retirement assets.
In contrast, among those without pension insurance,Forty percent said they "don't know" if their savings will last a lifetime.
More than half cooperate with professional consultants
Paula Nelson, director of insurance company Global Atlantic, said: "The findings suggest that retirees and those who want to retire are interested in the benefits of annuities, but they are not knowledgeable enough to make decisions that benefit them. .”
Another statistic revealed in the research report is that 68% of respondents said they work with professional advisors.
和Insurance Sales BrokerDifferently, the advantage of insurance financial advisors is to have a more comprehensive understanding of the advantages and disadvantages of many brands and products in the vertical market, and from the perspective of family financial risk management, to help investors improve their overall retirement financial opportunities.
88% of respondents said that in andInsurance Financial AdvisorDuring the communication process, possible ways to minimize risk in the portfolio are usually discussed. (End of full text)
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*Introduction to research methods:The survey is an online quantitative study conducted by Artemis Strategy Group among 25 investors with assets ranging from $200 to $1,023 million.A sample of this size allows subgroups to be analyzed and reported, such as by age, gender, or retired vs. still working people.It is estimated that about 700 million households (or 1200 million people) in the United States have $25 to $100 million but no pension.you can visitHereLearn more.
