Majority of Seniors Fear Public Policy Will Derail their Retirement Plans

WINDSOR, Conn., Apr. 18, 2011 — More than half of retirees, ages 55-79, fear that changes to the Medicare, Social Security programs as well as increases in taxes will affect their ability to afford their plan for retirement, according to new LIMRA research presented at the 2011 Retirement Industry Conference.   More than half of retirees, ages 55-79, fear that changes to the Medicare and Social Security programs, as well as increases in taxes will affect their ability to afford their plan for retirement, according to new LIMRA research presented at the 2011 Retirement Industry Conference.   “These concerns, as well as inflation, are top of mind for all retirees but especially true for those with the lowest incomes and assets, who can least absorb additional unexpected costs during retirement,” said Marie Rice, corporate vice president, LIMRA Retirement Research. “With so many lawmakers talking

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