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The Insured Retirement Institute's mission is to provide financial advisors and other interested parties with information and resources to assist in a better understanding of annuities and the role of these products in financial retirement planning. One very important resource are the articles in the financial and consumer press.

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IRI Applauds Administration's Promotion of Lifetime Income

In response to the Departments of Treasury and Labor announcement today to promote lifetime income options for all Americans, IRI President and CEO Cathy Weatherford offered the following comments:

Obama Outlines Path To Increase Economic Security

In his State of the Union address, President Barack Obama highlighted the need to further support the financial security of working-class Americans. IRI research shows that working-class Americans are pessimistic about their financial future. More than one-quarter (26%) of middle class Americans ages 30-65 lack confidence that they will have the ability to meet their economic needs in retirement, while another four out of 10 (40%) state that they are only somewhat confident that they will have enough money to live comfortably in retirement.

IRI Exclusive Report: The Retirement Readiness of Generation X

The Insured Retirement Institute (IRI) today released its report, “Retirement Readiness of Generation X: An Overview of the Next Generation of Retirement Investors.” This exclusive report explores the retirement preparations of Americans in their 30s and 40s, and looked at their outlook for retirement and the issues that are shaping these expectations. The report found that nearly two-thirds (65 percent) of the members in Generation X (GenXers) lack confidence that they will have enough money to live comfortably in retirement, to cover medical expenses during retirement and to pay for the cost of their children’s higher education.

How Annuities Could Be a Health-Care Cost Cushion

Most annuity agents don’t talk about using annuities to help pre-retirees and retirees with funding their health care expenses in retirement, but that could change.

Rising Health Care Costs Threaten to Erode Retirement Savings

The Insured Retirement Institute (IRI) today released its report, “Health Care Expenses and Retirement Income: How Escalating Costs Impact Retirement Savings.” This exclusive report examines the impact of rising medical expenses on Baby Boomers’ retirement income planning and strategies that may alleviate some of the financial burden. The report found that a healthy 65-year-old male can expect a total cost of health care expenses, including premiums, for the rest of his lifetime to top $350,000, and a 65-year-old woman can expect at least $417,000 in health care expenses—a 13% increase compared to her male counterpart. It also found that the average person on Medicare will have out-of-pocket medical expenses totaling more than $4,300 per year.

IRI: Annuity Statements Provide Crucial Contract Information

The Insured Retirement Institute (IRI) today released a report in partnership with Corporate Insight that found a majority of quarterly annuity statements utilize similar formats providing significant contract data in a highly organized format. The report analyzes the design, layout and contract information provided in paper statements from 17 firms which participated in Corporate Insight’s Annuity Monitor Statement Analysis.


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