Majority of Retirees Not Using Personal Assets in Retirement
Less than half of retirees are using personal assets for retirement income, according to a study released Monday by Hearts & Wallets.
Annuity Benefits Outweigh Other Products, Advisors Say
More than half of advisors who work with clients that have less than $500,000 believe annuities are an important part of those clients’ financial plans.
LIMRA: Half of Americans Not Saving for Retirement
The survey found that only a quarter of all Americans and less than a third of Americans over age 50 worked with a financial professional to plan for retirement.
Financial Advisors Trusted Source for Help Understanding Retirement Issues: LIMRA Survey
More than a third of Americans say they trust financial advisors most when it comes to understanding retirement issues, LIMRA reported on Friday.
FINRA, LIMRA Cite Workers' Lack of Retirement Savings
Just at FINRA urged workers on Tuesday to save more in their 401(k) plans in order to receive their full employer match, LIMRA Retirement Research said the same day that 40% of Americans 18 and older save nothing each month toward retirement.
Who's Buying Immediate Annuities and How to Get Their Business
LIMRA's Guaranteed Income Annuities report, released Monday, identified trends in annuity sales and uncovered who is most likely to purchase immediate annuities.