Latest News
Americans are more worried than ever before about their retirement risks
The annual retirement Risk Readiness Study by Allianz Life Insurance Co. of North America is out, and their findings are not new but they are alarming. It found more Americans are worried than ever about their retirement risks, including concerns about health care costs, the rising cost of living, and running out of money before they die. Similar findings were echoed by the Bank of America Merrill Lynch’s recent In Tackling Retirement Risks report. Bank of America Merrill suggests ways to address these potential issues and offers lessons about steps plan sponsors and advisers can take to help retirement plan participants plan for them. For more details on both reports, click here…
This posting is presented for informational purposes only and does not represent legal or financial guidance. Any opinions or interpretations presented are either those of the original author or, in the case of articles authored by the AMAC Foundation, are the opinions of AMAC Foundation staff, originally trained and accredited by the National Social Security Association (NSSA) and certified via the AMAC Foundation. Any links included in the article are valid on the posted date; socialsecurityreport.org cannot guarantee the duration of the links’ validity. NSSA and the AMAC Foundation and its staff are not affiliated with or endorsed by the Social Security Administration or any other governmental entity. To submit a question, visit our website (https://amacfoundation.org/services/) or email us at ssadvisor@amacfoundation.org. Because we are a non-profit organization, there is no charge for these services.