Retirement Insights

Do Retirees Assess The Risks They Face in Retirement?

Do Retirees Assess The Risks They Face in Retirement?

Research from the Center for Retirement Research at Boston College

Planning for retirement has always been hard, because retirees face numerous risks – including outliving their money (longevity risk), investment losses (market risk), unexpected health expenses (health risk), the unforeseen needs of family members (family risk), and even retirement benefit cuts (policy risk). The questions are: 1) How important are these risks? and 2) Do retirees properly perceive these risks when making their consumption and investment decisions?

Since 2018, First Eagle Investments has collaborated with the Boston College Center for Retirement Research (CRR) to develop actionable insights and tools for plan sponsors, consultants and financial professionals. Leveraging CRR’s decades of scholarly research and First Eagle’s many years of practical experience, together we are committed to serving as a steadfast resource in support of American workers’ journey toward secure retirement. This content is part of a series of wide-ranging insights that explore key challenges that retirement savers face in the years leading up to and while in retirement. Additional topics address how different workers save in their company-sponsored retirement plans, what affects spending in retirement, and the impact of healthcare expenses for different segments of the retiree population