We would love to hear from you. Click on the ‘Contact Us’ link to the right and choose your favorite way to reach-out!

wscdsdc

media/speaking contact

Jamie Johnson

business contact

Victoria Peterson

Contact Us

855.ask.wink

Close [x]
pattern

Industry News

Categories

  • Industry Articles (18,514)
  • Industry Conferences (4)
  • Industry Job Openings (4)
  • Moore on the Market (233)
  • Negative Media (139)
  • Positive Media (73)
  • Sheryl's Articles (677)
  • Wink's Articles (281)
  • Wink's Inside Story (255)
  • Wink's Press Releases (105)
  • Blog Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • August 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • November 2008
  • May 2008
  • February 2008
  • August 2006
  • Global Atlantic Investor Outlook Study: Three Out of Five Investors Worry About Retirement Income, Blame Inflation and Low Interest Rates

    April 19, 2022 by Global Atlantic Financial Group

    NEW YORK–(BUSINESS WIRE)–A study from Global Atlantic Financial Group (Global Atlantic) revealed that three out of five retirement-age investors (61%) believe that low interest rates, combined with rising inflation, will make it harder to create a retirement income stream that will last their lifetimes. In addition, a quarter of participants (24%) said they are extremely or very concerned about the impact inflation will ultimately have on their ability to live comfortably in retirement.

    The survey of retirement-age investors (ages 55 to 70) with between $250,000 and $2 million in assets and no pension, also found that while nearly all (96%) believe protected, guaranteed monthly income in retirement is important (35% said it was extremely important), less than a quarter currently use annuities (24%) or bonds (23%) to protect their assets. Instead, most cited a mix of stocks and mutual funds (73%), and two-thirds (67%) cited cash equivalents as their ways to protect assets, in contradiction to fears of a stock market correction (66%) and continued inflation (57%) this year.

    “External factors such as inflation, market volatility, and interest rates are all valid reasons for people to be concerned about income as they approach retirement,” said Paula Nelson, Head of Strategic Growth for Individual Markets at Global Atlantic. “The findings in the study reveal that retirees and those approaching retirement are interested in the benefits of annuities but don’t know enough to make an informed decision. This is an opportunity for financial professionals to learn more about the many options available in the market and how they can help their clients improve their overall retirement strategy.”

    Among those surveyed, about two-thirds (68%) work with financial professionals. And while nearly nine in ten (88%) of those advised by financial professionals have discussed ways to minimize the risk in their investment portfolio, just 28% say annuities were part of the conversation.

    The study also revealed that annuity owners are more confident about retirement security than non-owners. Three in five of those with an annuity (62%) say the amount of money they have saved for retirement will last the rest of their life, versus less than half (48%) of those without an annuity. A full 40% of those without an annuity say they “don’t know” if the money they have saved will last the rest of their lives. Finally, half (48%) of annuity owners are extremely or very comfortable with their investment asset and retirement protection strategy, compared to only one-third (33%) of those without an annuity.

    “With this survey data in mind, financial professionals should consider adding annuities to their practice and would benefit from understanding the unique strategies annuities can provide to improve their client’s ultimate outcome,” added Nelson.

    Consumers can visit Global Atlantic’s website for additional resources on how to protect retirement savings from inflation, low-interest rates, bond value risk and market instability. Financial professionals can also visit Global Atlantic’s financial professional website to learn more.

    About Global Atlantic

    Global Atlantic Financial Group is a leader in the U.S. life insurance and annuity industry, serving the needs of individuals and institutions. With differentiated investment and risk management capabilities, deep client relationships, and a strong financial foundation, the company has established a track record of delivering proven, value-added solutions and long-term growth. Global Atlantic is a majority-owned subsidiary of KKR, a leading global investment firm that offers alternative asset management across multiple strategies and capital markets solutions. KKR’s parent company is KKR & Co. Inc. (NYSE: KKR). Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries.

    About the Survey Methodology:

    The survey was conducted as an online quantitative study by Artemis Strategy Group among 1,023 investors with assets of $250k to $2 million. This size of sample allows for analysis and reporting of subgroups, such as by age, gender or those who are retired versus still employed. This sample represents a critical group in transition: a new generation that will retire without a pension. Global Atlantic estimates that there are about 7 million households (or 12 million people) in the U.S. who have between $250k and $1 million and do not have a pension.

    Global Atlantic Financial Group (Global Atlantic) is the marketing name for The Global Atlantic Financial Group LLC and its subsidiaries, including Forethought Life Insurance Company and Accordia Life and Annuity Company. Each subsidiary is responsible for its own financial and contractual obligations. These subsidiaries are not authorized to do business in New York.

    Contacts

    ICR Inc.
    GlobalAtlantic@icrinc.com
    (203) 682-8268

    Originally Posted at BusinessWire on April 18, 2022 by Global Atlantic Financial Group.

    Categories: Industry Articles
    currency