Retirement Preparedness Confidence Hits Historic Low According to Report

Retirement planning seems to be front and center these days with the Department of Labor’s release of its financial fiduciary rule changes last week, tax season deadlines in sight, and the April 11th kick-off of National Retirement Planning Week 2016. The increased focus on retirement planning certainly can only help people better prepare for a financially secure retirement. But if history is any guide, it will take more than that. The latest findings in the Insured Retirement Institute’s (IRI) 6th Annual Report on The Retirement Preparedness of the Boomer Generation shows that Americans today are less prepared and less confident about their prospects for a comfortable retirement than ever before.

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Damian Sylvia

Retirement Income Solutions

220 Monmouth Road

Oakhurst, NJ 07755