Retirement Unknowns Retirement is Changing
Living Longer We are living longer. A retiree turning 65-years old today is expected to fund more than two decades of retirement. And, that’s just the average. 1
1 in 4: 65-year-old men live to 93 1 in 4: 65-year-old women live to 96 1 in 4: 65-year-old married couples one will live to 98 65-year-old married couple: 14% chance one will live to 100
Market Risk The reality is that most people planning to retire in the near future will be impacted by a bear market.
Historically, the average time between bear markets is 3.6 years.²
Income Sources 3 The traditional “three-legged stool” approach to retirement income is changing. Only 7% of older Americans’ draw retirement income from a trio of income sources: Social Security, Direct Benefits and Direct Contribution.
Direct Contribution, 3%
Direct Bene t, 4%
Direct Bene t, Direct Contribution, and Social Security, 7%
Direct Contribution and Social Security, 15%
Social Security Only, 40%
Direct Bene t and Direct Contribution, 1%
40% 35%
5% 0% 30% 25% 20% 15% 10%
3
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