The Society of Actuaries Committee on Post Retirement Needs and Retirement has performed a variety of studies to gradually expand our understanding of post-retirement risk and its management. This paper focuses on two new studies: “Running Out of Money” and “The New American Family,” and...

One of the major objectives of personal financial advisers is to help people achieve success in retirement. This paper presents the results of the Society of Actuaries’ research on how the public manages resources in retirement and how it views the post-retirement period. This paper presents...

A summary of research sponsored by the Society of Actuaries that serves to help us understand what the risks are in retirement, the gaps in knowledge about those risks, and how individuals might think about managing these risks

Pension plan designs range from those that place virtually all of the risk on the plan (and plan sponsor) to those that place all of the risk on the individual covered by the plan. Traditional plans include designs that are at both ends of this spectrum, but there is increasing attention to...

Retiree medical care expenditures in the United States are growing at a rapid rate, while and the retired portion of the population is increasing. This puts pressure on government and employer programs providing retiree health care coverage. Retirees also face increasing challenges in gaining...

This paper looks at different ways to think about the economic relationships within the family and relate them to various ways of providing for retirement security, within a Social Security and employer framework. We look at what Social Security offers in different family situations in the...