Sustainable Income in Retirement

Kamilla Svajgl, Financial Risk Management Principal, Milliman

The second decade of the 21st century represents a transformational period in the retirement savings industry due to demographic factors and market conditions. In January of 2011 the first Baby Boomer turned 65; in 2015 the first representatives of Generation X turned 50. While these are usually milestones that signify a lifetime of achievements and the approach of golden years, the retirement landscape that awaits retirees today is full of uncertainties. Elimination of defined benefit plans, increased healthcare costs, longer lifespans, the looming threat of inflation, and low investment yields on “safe” investments dominate the retirement landscape.

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