Retirement Needs & Risks

Session Description:

The Society of Actuaries’ Post Retirement Needs and Risk Committee has been directing research for over 15 years about retirement risks and issues arising during the near retirement and post-retirement years. A public opinion survey has been conducted every two years with a focus on perceptions, management strategies, and misunderstandings of the risks a retiree must consider. In addition, a variety of other research projects including focus groups have been convened to delve deeper into retirees’ current concerns and attitudes on managing risks in retirement. Carol Bogosian has been a member of the Committee for over 10 years. She will discuss some of the recent research, the most important findings from the 15 years of work and provide insight on how to use the information when working with employees, employers and other professionals providing retirement planning advice. This work should be of interest to actuaries in several areas of practice including pensions, health, long term care, life insurance and investments

Speaker(s):

Carol A.Bogosian, President of CAB Consulting, is an Associate of the Society of Actuaries and has over 30 years of experience as an actuary providing advice on defined benefit and defined contribution pension plans and retirement planning issues. Before starting her own firm, she was a principal in a major consulting firm as a senior actuary and consultant providing retirement services to individuals and corporate clients. She completed the Financial Planning Certificate program, gaining her perspective of the employee’s overall financial needs. Her current interests are in improving financial education and literacy in the U.S.