Retirement advisors are not giving sufficient attention to middle income Americans, according to a recent study.
The Bankers Life and Casualty Company Center for a Secure Retirement Middle-Income Retirement Preparedness Study was conducted in August of 2010 by the independent research firm, The Blackstone Group, New York. The report focused on pre-retirees and retirees with incomes between $25,000 and $75,000.
The research concluded that 515 of pre-retirees and retirees within the middle income parameters had not been contacted by a retirement professional within the last year. And 845 of the participants had to be the one to reach out to a retirement professional.