| | Benefits & Administration | | EBRI Looks at Retirement Spending After Retirement | | The first two years of retirement bring a modest
drop in spending for the majority of Americans, according to new research from
the Employee Benefit Research Institute (EBRI). Still, nearly half of retired
households (approximately 46%) wind up spending modestly more than they did
just before retirement, EBRI says. “That declines over time, and by the sixth
year of retirement, just a third spend more than they did pre-retirement.”Read more > | | In the third quarter of 2015 U.S. group pension
buy-out sales reached $3.2 billion, according to a LIMRA Secure Retirement Institute
sales survey. Trends show more small and medium-sized companies are seeking
pension buy-outs, LIMRA says.Read more > |
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