IRI study: Lifetime income providing financial security for retirees

September 26, 2016 by Kristen Beckman

A new study by the Insured Retirement Institute (IRI), released today at the its annual meeting being held in Colorado Springs, found that 80 percent of retirees are receiving some income from a pension plan, and 42 percent are receiving at least half of their retirement income from a pension.

But while pensions are serving a large percentage of current retirees, future retirees are unlikely to be able to rely on a pension. As many as 56 million baby boomers, who are reaching retirement at a rate of 10,000 per day, will not receive retirement income from a pension. Click HERE to read the full story. LifeHealthPro articles require free registration to view. 

Originally Posted at LifeHealthPro on September 26, 2016 by Kristen Beckman.