The Society of Actuaries (SoA) has announced its new Aging and Retirement Strategic Research Program, which offers a website where retirement income practitioners might find practical information to inform their planning chores for clients.
The program includes research topics dealing with a variety of retirement risks and plans, living longer, long-term care, and annuities. The full program and the wide variety of SoA research can be found here.
A key aspect of the launch is the release of a new series of reports examining financial challenges and perspectives on retirement planning across the Millennial, Gen X, Late Baby Boomer, Early Baby Boomer and Silent generations. This inaugural study from the program builds on prior research focused on the societal impact of aging populations and solutions for mitigating retirement risks.
The first two special topic reports in the series were issued this week. They cover: (1) Financial priorities and behaviors, and their influence on retirement plans across generations, and
(2) Difficulties in gaining financial security for younger generations.
You can read more about this study at: https://www.soa.org/research-reports/2018/financial-perspectives-aging-retirement/
“This new concept is the first of five Strategic Research Programs that have been developed through the SoA’s Strategic Plan over the past two years,” an SoA release said.
Upcoming programs will focus on Actuarial Innovation and Technology; Mortality and Longevity; Health Care Cost Trends; and Catastrophe and Climate.
More highlights and research sessions from the Aging and Retirement Strategic Research Program will be introduced at the SoA Annual Meeting in Nashville, October 14-17, 2018.
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