News and Information
How to think “Near-Term” for Improved Retirement Savings
When most workers open a defined contribution (DC) retirement plan, the emphasis is on long-term thinking. A new LIMRA Secure Retirement Institute study recommends that plan sponsors might want to encourage more near-term thinking and promote achievable savings goals...
Worry Over the Economy Drives American Retirement Concerns
For the five years LIMRA and Life Happens have conducted the Insurance Barometer study, consumers have been asked to list their main financial concerns. Every year the top response is “Having enough money for a comfortable retirement.” In the 2015 study, when asked...
Millennials and Gen X Choose their Screens and Eating Out over Buying Life Insurance
In the 2015 Life Insurance Barometer, 61 percent of consumers said they have not purchased life insurance because of other financial priorities. Not surprisingly, the top priority for all age groups was living expenses, such as rent/mortgage and groceries. Additional...