Lincoln Financial Group, the National Retirement Planning Coalition and Allianz Life Insurance Company are among the companies joining with the Insured Retirement Institute to sponsor National Retirement Planning Week, which takes place next week, April 11-15.
The event will focus attention on the fact that the first of 79 million baby boomers will turn 65 this year, and that 4 million boomers will turn 60 each year for the next 18 years.
According to the groups, “For many, this milestone will present a much-needed opportunity to reassess their level of retirement preparedness.”
They cited Insured Retirement Institute data that shows that nearly seven out of 10 Boomers within five years of retirement, and nearly eight out of 10 of boomers with more than five years to build savings, are voicing concern about having adequate income during retirement.
National Retirement Planning Week events will include the following:
–April 11: EBRI President and CEO Dallas Salisbury hosts a webinar on consumer retirement readiness, leveraging data from EBRI’s 2011 Retirement Confidence Survey.
April 12: IRI President and CEO Cathy Weatherford moderates a media forum with industry leaders on evolving perceptions of risk management in the insured retirement market. New IRI research on Boomers and retirement will be released onsite as well.
April 13: IRI hosts a practice management webinar for financial advisors.
April 14: The Coalition releases a client-approved tip-sheet for financial advisors on how consumers can formulate a plan for lifelong financial retirement health.