Living in Retirement
As a whole, people are worried about health expenses, Social Security and simply running out of money.1
31% agree that running out of money during retirement is their top concern.
27% are most concerned about health and medical expenses.
15% are most concerned about changes to Social Security that could lead to a reduction or delay in benefits.
How can you help your clients address longevity, inflation and volatility risks?
Converting a lifetime of savings into a potential income stream for retirement can be challenging. Clients have different types of expenses in retirement. Some are less impacted by inflation, such as a fixed mortgage. Other expenses are sensitive to inflation, for example, health care. As you discuss this phase of retirement, consider matching different expenses with different investments.