A similar risk is at large today in a world where many countries are unprepared to meet their demographics future in the form of
the retirement needs of an aging population.
Not exact matches
Retirement age, if
needed, could be 72 - 75 as the
population is growing older, but boards may not
need retirement ages if they have all
of the above.
In particular, this course highlights the
need for dependable
retirement income by exploring key issues such as longevity risk, the impact
of inflation, the
aging American
population, investment strategies, and the role
of annuitization.
Financial Literacy and
Retirement Preparedness Among other things, this 2014 study by Prudential Investments explores the
retirement readiness
of various segments
of the U.S.
population and notes that Millennials expect to retire at
age 67 and believe they'll
need to have roughly $ 1 million saved by that
age.