How prepared is the retirement industry for meeting the needs of retiring american workers?

Authors

  • Betty Meredith International Foundation for Retirement Education (lnFRE)
  • John R. Salter Division of Personal Financial Planning, Texas Tech University

DOI:

https://doi.org/10.61190/fsr.v17i2.4909

Keywords:

Professional development, Education of retirement professionals, Personal income, wealth and distribution, Retirement policies, Retirement

Abstract

There are 78 million reasons driving the need for a tremendous increase in the number of professionals prepared to competently help retiring American workers manage their retirement income. The literature, trends, potential societal impact, and complex decisions required of retiring workers are compelling. Retirement income management advice, guidance, and education for clients with assets in employer-sponsored plans are the explosive career growth opportunity of the next decade. Advisors traditionally have not considered the midmarket a primary target, providing students a unique opportunity to enter careers servicing employer-sponsored retirement plans to help meet this need.

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Published

2008-06-30

Issue

Section

New Original Submission

How to Cite

How prepared is the retirement industry for meeting the needs of retiring american workers?. (2008). Financial Services Review, 17(2), 87-103. https://doi.org/10.61190/fsr.v17i2.4909