The report’s key findings are:

• As life expectancy at 65 rises, outliving one’s sources poses a rising problem.
• This examine explores how folks understand their life expectancy, choices for dealing with longevity threat, and why few insure towards it.
• A survey of traders with over $100,000 in monetary property sheds new mild on this subject:
  • About half of respondents can be keen to purchase an annuity at prevailing market charges however simply 12 % truly achieve this.
  • Causes for the hole could also be that monetary professionals don’t routinely advocate annuities and truly shopping for them will be onerous.