Annuities In The Digital Age
October 16, 2019 by Katie Thompson
Retirement anxiety has been persistent since the Great Recession. Fewer than 40% of nonretired adults said they think their retirement savings are on track, according to an annual Federal Reserve System poll. And 25% of workers have no retirement savings or pension.
While the findings are alarming, the surveys represent a significant opportunity for advisors to help people navigate the road to financial security in retirement. Despite all the free online advice and self-directed platforms, financial professionals still have a big role to play in making financial health in retirement attainable for more Americans.
The Fed surveys have consistently found that even among those who are saving, individuals said they lack confidence in their ability to manage their retirement investments.
Click HERE to read the full story via INN Magazine.
