'When
will the Baby Boomers really retire?'
The
Retirement Financial Readiness Opinion Council's (RFROC) latest study
entitled 'When Will the Baby Boomers Really Retire?', answers this question
on many levels. Older Baby Boomers have told us that they have been saving
for their
retirement for forty years. "They are about to shift
and begin taking distributions to live their retirement dreams," stated
Bruce Hurwitz, RFROC President, who goes on the say, "It is critically
important for financial services companies to understand the coming
retirement account outflow phenomenon, and to develop plans for attracting
new sources of investment assets."
In addition to studying retirement age plans and plan distributions,
this study looks at Baby Boomer thoughts on continuing to work outside the
home after retirement, retirement living destinations and retirement income
sources.
The Retirement Financial Readiness Opinion Council (RFROC) is
an Internet-based e-panel and market research analysis system exclusively
for the financial services industry. RFROC was founded with the mission of
providing the financial services industry with near real-time, efficient,
effective and powerful market intelligence about the thoughts of the over-18
population on investment products and services. Research is based on
feedback from panelists throughout North America, representing all ages,
genders, income levels, and geographic regions. Panelists are accessible via
e-mail for fast and efficient analysis of quantitative market perspectives.
RFROC panel members answer research questions about their retirement
saving/investment preferences. Within hours, RFROC can provide statistically
relevant information on what markets have to say about investment products
(mutual funds, stocks, bonds, real estate, annuities, etc.), image, service,
fees, investment habits and associated combinations.
RFROC research provides the ultimate tool for predicting
market behavior rather than reacting to it. They offer an ideal instrument
for tracking financial products, and retirement saving or distribution
trends. RFROC reports are perfect for customized research projects,
overnight studies, regular monitoring of issues, and low cost participation
in omnibus studies.
