society of actuaries · 2011-11-03 · table of contents uncategorized variables page variable 8...

SOA/LIMRA/InFRE Technical Supplement to"Will Retirement Assets Last a Lifetime?"

Please refer to the questionnaire for full wording of the questions

© 2009 The Society of Actuaries, LIMRA, and the International Foundation for RetirementEducation

March 10, 2009

Generated by MarketSight®

Table of Contents

Uncategorized Variables

Page Variable

8 Are you retired?

9 *Role in making financial decisions

10 *# of Years Retired (Categorized)

11 *Age of respondent (Categorized)

12 *Total amt of hhd investable assets

13 *Currently working for pay

14 *Primary reason for working for pay

15 *Marital Status

16 *Spouse/partner's age (Categorized)

17 *Is Spouse/partner Retired?

18 *# of years spouse/partner has been retired (Categorized)

19 *Spouse/partner currently working for pay

20 *Primary reason for sp/prtner is working for pay

21 *# of Yrs before retiring actively planned retirement

22 *Retired when you thought you would?

23 *[If retired earlier] Primary reason for retiring earlier

25 *Did you reduce the # of hours worked BEFORE retiring?

26 *How confident that you saved enough $ to live comfortably in retiremnt

27 Who is responsible for managing household

28 *Are you as financially secure NOW as you thought you'd be?

29 *Before retiring: Ident retiremnt inc resources for all phases

30 *Before retiring: Deter whether inc wld cover exp in retirmnt

31 *Before retiring: Estimated how inflation affects exp after 15+ yrs

32 *Before retiring: Took into acct Medicare Hlth care benes at age 65

33 *Before retiring: Deter whether you wld have to wrk in retiremnt

34 *Before retiring: Compared moving options to reduce cost living exp

35 *Before retiring: Evaluated best time to take Social Security benes

36 *Before retiring: None of the above

SOA/LIMRA/InFRE Technical Supplement to "Will Retirement Assets Last a Lifetime?" Generated: March 10, 2009

* Denotes variable with statistically significant findings

2


Page Variable

37 *Have formal written plan for managing finances in retirement

38 *[If have finl plan] Finl prof helped write plan?

39 *[If no finl plan] Have an INFORMAL plan for managing finances in retiremt?

40 *Currently have personal financial advisor?

41 *[If have finl adv] Type of financial professional used

43 *[If have finl adv] Frequency of contact w/ finl advisor

44 *Helps w/ managing assets

45 *Helps w/ minimizing risk exposure

46 *Helps w/ planng exp + inc in retiremt

47 *Helps w/ minimizing taxes

48 *Helps w/ planning RMD

49 *Helps w/ None of the above

50 [If have finl adv] Curr finl adv helped before retiring

51 *[If have finl adv] Type of wrkg relationshp w/ finl adv

52 *Confidence that assets + invstmnts are managed in best way

53 *Curr inc from: DB

54 *Curr inc from: DC

55 *Curr inc from: Social Security benefits

56 *Curr inc from: IRAs -- Int + inv earnings

57 *Curr inc from: IRAs -- Int, inv + some prin

58 *Curr inc from: Ind-purchased annuities

59 *Curr inc from: Savings -- Int + inv earnings

60 *Curr inc from: Savings -- Int, inv + some prin

61 *Curr inc from: Full-time job earnings

62 *Curr inc from: Part-time job earnings

63 *Curr inc from: Life ins policy(s)

64 Curr inc from: Home equity

65 *Curr inc from: Inheritance

66 *Curr inc from: Other



3


Page Variable

67 *Untapped inc: DB

68 *Untapped inc: DC

69 *Untapped inc: Social Security benefits

70 *Untapped inc: IRA -- Int, + inv earnings

71 *Untapped inc: IRA -- Int, inv + some prin

72 *Untapped inc: Ind-purchased annuities

73 *Untapped inc: Savings -- Int + inv earnings

74 *Untapped inc: Savings -- Int, inv + some prin

75 *Untapped inc: Life insurance policy(s)

76 *Untapped inc: Home equity

77 *Untapped inc: Inheritance

78 *Untapped inc: Real estate

79 Untapped inc: Other

80 *Untapped inc: None of the above

81 Ind Annuity pymts: Reg monthly guaranteed for life

82 *Ind Annuity pymts: Reg monthly NOT guar for life

83 Ind Annuity pymts: Various times a year, amts may differ

84 *Currently receiving ret income from UNION affiliation?

85 *% of hhds total investable assets withdrawn in 2007

86 *The ONE MAJOR objective for hhds investable assets

90 *Risk tolerance level when FIRST retired

91 *Curr vs Then: Risk tolerance for managing hhd inv assest

92 *Why risk_tol chged: Followed finl advisor's advice

93 *Why risk_tol chged: Concern about the economy

94 Why risk_tol chged: Concerned about inflation

95 *Why risk_tol chged: No time to recover mkt downturn

96 Why risk_tol chged: Value of my home changed

97 *Why risk_tol chged: Amt of income changed

98 *Why risk_tol chged: My expenses changed



4


Page Variable

99 Why risk_tol chged: Changes in my income sources

100 *Why risk_tol chged: Changes in healthcare costs

101 *Why risk_tol chged: I/spouse had changes in our health

102 *Why risk_tol chged: Change in marital status

103 *Why risk_tol chged: Other

104 *Self description of method of investing

105 *Amt of risk accepted related to assets + investments

106 *Portion of hhd assets in: Stocks

107 *Portion of hhd assets in: Bonds

108 *Portion of hhd assets in: Mutual funds

109 *Portion of hhd assets in: Deferred annuities

110 *Portion of hhd assets in: CDs

111 *Portion of hhd assets in: Second home

112 *Portion of hhd assets in: Other

113 *Problems while investing: Market fluctuation (rate of return)

114 *Problems while investing: Economy, cost of living, inflation

115 *Problems while investing: Low interest rates

116 Problems while investing: Issues with brokers, advisors, fees charged

117 *Problems while investing: Lack knowledge for dec making, time to manage

118 Problems while investing: Made bad investment choices, lost/losing $

119 *Problems while investing: Tax/capital gain issues

120 Problems while investing: No problems

121 *Problems while investing: No problems use advisor

122 *Had empl-spon plan when retired?- Could rec inc but not lump-sum amt

123 *Had empl-spon plan when retired?- Could rec lump-sum amt but not income

124 *Had empl-spon plan when retired?- Could rec inc or lump-sum amt

125 *Had empl-spon plan when retired?- No plan

126 *Had e-spon plan and did: Took withdrawals when needed

127 *Had e-spon plan and did: Took regular withdrawals



5


Page Variable

128 *Had e-spon plan and did: Did not take any withdrawals

129 Had e-spon plan and did: Converted PART to guarantee lifetime income

130 Had e-spon plan and did: Converted ALL to guarantee lifetime income

131 *Prior to retiring, did finl adv help with withdrawal from e-spon ret plan?

132 *Estimated how many years assets + investmnts MIGHT last in retirement?

133 *# of add'l years you assume money NEEDS to last

134 *Arrived at # Years Assets NEED to Last: Assessed my/spouse health situation

135 *Arrived at # Years Assets NEED to Last: Based it on my/spouse family history

136 *Arrived at # Years Assets NEED to Last: Took a guess

137 *Arrived at # Years Assets NEED to Last: Looked up expected age someone my/spouse age should live to

138 *Arrived at # Years Assets NEED to Last: Advisor suggested age to base calculations

139 Other

140 *How are you spending your money in retirement... budget wise

141 *Since retiring, have established plan- w/drawing funds saved on own

142 *Since retiring, have established plan- minimizing taxes by ordering w/drawals

143 *Covering hlth care risk: Continue under former employers coverage

144 *Covering hlth care risk: Purchased ind health ins policy

145 *Covering hlth care risk: Joined spouse's health ins plan

146 *Covering hlth care risk: Covered by Medicare Parts A and/or B

147 *Covering hlth care risk: Covered by Medicare Part D

148 *Covering hlth care risk: Covered by Medicare Advantage Plan

149 *Covering hlth care risk: Purchased a Medicare Supplement ins policy

150 *Covering hlth care risk: Covered by COBRA

151 Covering hlth care risk: Participte in grp policy from prof organ membership

152 *Covering hlth care risk: Do not have, pay for own health care expense

153 *If need LTC, how pay: Personal savings

154 *If need LTC, how pay: Private LTC policy

155 *If need LTC, how pay: Spend down inv assets, then Medicaid

156 *If need LTC, how pay: Sell home and use proceeds



6


Page Variable

157 If need LTC, how pay: Access home equity line of credit

158 *If need LTC, how pay: Medicare would take care of it

159 If need LTC, how pay: Expect family members to help pay expenses

160 *If need LTC, how pay: Have not thought about it

161 *Expect LTC policy to pay: Have you already purchased LTC?

162 *Feel are receiving enough income to cover basic expenses

163 *[If not enough inc] How interested in converting $ into guar lifetime income?

164 *Own your primary residence

165 *[If own residence] Value of your primary residence

166 *[If own residence] Have 1st/2nd mortgage and/or home equity loan(s)

167 [If own residence] When will you have paid off all mortgages and loans?

168 *Education of respondent

169 *Current household annual INCOME

170 *Current household DEBT

171 *Gender of respondent



7


Are you retired?

* Statistically significant result within this Column Variable at 95%

Significant Difference within Groups: BCDE / FGHI / JK. Upper case at 95%

Weight Variable = Weight Variable

Age of Retiree Household Investable AssetsCurrent Income from

DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969Unweighted Sample

Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

YesCount

Column %1,524100%

269100%

457100%

538100%

260100%

1,524100%

465100%

417100%

369100%

274100%

1,524100%

555100%

969100%

8


Role in making financial decisions





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959Primary decision maker

CountColumn %

76150%

13450%

23652%

26349%

12849%

76150%

21947%

19547%

20355%FG

14453%

76150%

28952%

47249%

Share equallyCount

Column %76350%

13550%

22148%

27451%

13251%

76350%

24653%

H

22253%

H

16645%

13047%

76350%

26648%

49751%

Someone else butinvolved

CountColumn %

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

Not involvedCount

Column %0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%

9


# of Years Retired (Categorized)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969

Unweighted SampleSize 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959

'1-4 years'Count

Column %55837%

16260%CDE

22650%DE

15529%

E

145%

55837%

18440%

14535%

13336%

9635%

55837%

20337%

35537%

'5-9'Count

Column %53235%

7929%

16236%

21440%BE

7730%

53235%

15133%

15838%

12233%

10137%

53235%

19936%

33334%

'10+'Count

Column %43428%

2911%

6815%

16831%BC

16965%BCD

43428%

12928%

11427%

11431%

7728%

43428%

15328%

28129%

10


Age of respondent (Categorized)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


'55-59 years'Count

Column %26918%

269100%CDE

00%

00%

00%

26918%

8318%

7518%

6417%

4818%

26918%

10218%

16817%

'60-64'Count

Column %45730%

00%

457100%BDE

00%

00%

45730%

13028%

13031%

11431%

8330%

45730%

15528%

30231%

65-70Count

Column %53835%

00%

00%

538100%BCE

00%

53835%

16335%

14936%

12734%

9836%

53835%

20236%

33635%

71-75Count

Column %26017%

00%

00%

00%

260100%BCD

26017%

8919%

6315%

6317%

4516%

26017%

9617%

16417%

11


Total amt of hhd investable assets





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


$100,000 - $249,999Count

Column %46530%

8331%

13028%

16330%

8934%

46530%

465100%GHI

00%

00%

00%

46530%

17231%

29230%

$250,000 - $499,999Count

Column %41727%

7528%

13028%

14928%

6324%

41727%

00%

417100%

FHI

00%

00%

41727%

14326%

27428%

$500,000 - $999,999Count

Column %36924%

6424%

11425%

12724%

6324%

36924%

00%

00%

369100%

FGI

00%

36924%

13825%

23124%

$1,000,000+Count

Column %27418%

4818%

8318%

9818%

4517%

27418%

00%

00%

00%

274100%FGH

27418%

10118%

17218%

12


Currently working for pay





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Employed full-timeCount

Column %383%

218%CDE

92%E

81%

00%

383%

184%H

102%

51%

52%

383%

71%

323%

JEmployed part-time

CountColumn %

22815%

5621%DE

7817%DE

6412%

3012%

22815%

6414%

7819%FH

4813%

3714%

22815%

7313%

15516%

Not currently workingCount

Column %1,25883%

19271%

37081%

B

46687%BC

23088%BC

1,25883%

38282%

32879%

31686%

G

23184%

1,25883%

47686%

K

78281%

13


Primary reason for working for pay





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 243 75 82 62 24 243 74 81 52 37 243 73 170

Unweighted SampleSize 239 70 83 63 23 239 78 81 51 29 239 77 162

Want to/enjoy workingCount

Column %20986%

6688%

7186%

4878%

24100%

D

20986%

5574%

6986%

4893%

F

37100%

FG

20986%

6285%

14787%

Work for financialreasons

CountColumn %

3113%

810%

1012%

1322%

E

00%

3113%

1825%GHI

911%

47%

00%

3113%

1014%

2112%

Work for healthbenefits

CountColumn %

31%

22%

12%

00%

00%

31%

11%

23%

00%

00%

31%

11%

21%

14


Marital Status





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Married or living as acouple

CountColumn %

1,10673%

19974%

32571%

39473%

18973%

1,10673%

30967%

29471%

27574%

F

22883%FGH

1,10673%

37668%

73075%

JWidowed

CountColumn %

1329%

145%

255%

5210%BC

4116%BCD

1329%

5412%

I

379%

I

329%

I

93%

1329%

6512%

K

677%

DivorcedCount

Column %17712%

3312%

E

6414%

E

6713%

E

135%

17712%

6915%

I

5413%

I

4011%

I

145%

17712%

7514%

10211%

SeparatedCount

Column %121%

31%

31%

61%

00%

121%

61%

20%

31%

21%

121%

51%

71%

Single, never marriedCount

Column %976%

207%D

409%D

194%

187%D

976%

276%

297%

195%

228%

976%

336%

647%

15


Spouse/partner's age (Categorized)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,106 199 325 394 189 1,106 309 294 275 228 1,106 376 730


'<55 years'Count

Column %878%

3317%CDE

268%E

246%E

42%

878%

299%

279%

186%

146%

878%

359%

527%

'55-59'Count

Column %21119%

10453%CDE

6821%DE

287%

116%

21119%

5819%

5619%

4617%

5123%

21119%

7219%

13919%

'60-64'Count

Column %32830%

4121%

E

17855%BDE

9524%

E

147%

32830%

7424%

9231%

F

8832%

F

7533%

F

32830%

10027%

22831%

'65-70'Count

Column %31929%

147%

4113%

B

18948%BC

7640%BC

31929%

9832%

7726%

9033%

I

5524%

31929%

11130%

20828%

'71-74'Count

Column %777%

63%

72%

287%BC

3720%BCD

777%

238%

186%

176%

198%

777%

257%

537%

'75+'Count

Column %838%

00%

62%

308%BC

4725%BCD

838%

289%

259%

176%

146%

838%

339%

507%

16


Is Spouse/partner Retired?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,106 199 325 394 189 1,106 309 294 275 228 1,106 376 730


NoCount

Column %37234%

10151%CDE

13241%DE

10627%

E

3317%

37234%

11738%

I

10235%

8832%

6529%

37234%

16845%

K

20428%

YesCount

Column %73466%

9749%

19359%

B

28773%BC

15683%BCD

73466%

19362%

19365%

18668%

16271%

F

73466%

20855%

52672%

J

17


# of years spouse/partner has been retired (Categorized)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 734 97 193 287 156 734 193 193 186 162 734 208 526


Less than 1 yearCount

Column %426%

88%

158%

155%

53%

426%

158%

105%

116%

64%

426%

126%

306%

1-4Count

Column %19527%

3839%DE

7740%DE

6422%

E

1610%

19527%

4825%

5428%

5530%

3723%

19527%

4622%

14828%

5-9Count

Column %24333%

3435%

6936%

E

10135%

E

3925%

24333%

5328%

6634%

5730%

6741%FH

24333%

6732%

17633%

10+Count

Column %25435%

1818%

3317%

10737%BC

9762%BCD

25435%

7639%

6333%

6434%

5232%

25435%

8340%

17133%

18


Spouse/partner currently working for pay





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,106 199 325 394 189 1,106 309 294 275 228 1,106 376 730


Employed full-timeCount

Column %28526%

8342%CDE

10532%DE

7920%

E

1810%

28526%

9230%

I

7224%

7527%

4720%

28526%

12934%

K

15621%

Employed part-timeCount

Column %13813%

3115%

4414%

4110%

2312%

13813%

4113%

4415%

H

238%

3113%

13813%

4111%

9713%

Not currently workingCount

Column %68262%

8643%

17554%

B

27470%BC

14878%BCD

68262%

17657%

17961%

17764%

15066%

F

68262%

20655%

47665%

J

19


Primary reason for sp/prtner is working for pay





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 420 113 148 120 39 420 133 115 98 75 420 170 250


Want to/enjoy workingCount

Column %24157%

4843%

9161%

B

6958%

B

3385%BCD

24157%

6247%

6456%

5658%

5978%FGH

24157%

8651%

15562%

JWork for financial

reasonsCount

Column %13231%

5347%CDE

3926%

3630%

E

513%

13231%

5340%

I

3531%

I

3233%

I

1216%

13231%

5935%

7329%

Work for healthbenefits

CountColumn %

4711%

1211%

1913%

1512%

12%

4711%

1813%

1513%

910%

45%

4711%

2515%

229%

20


# of Yrs before retiring actively planned retirement





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Did not actively planCount

Column %32421%

6424%

10423%

9718%

5923%

32421%

12327%GHI

8621%

6718%

4717%

32421%

16029%

K

16417%

Less than 1 yearCount

Column %1097%

135%

358%

326%

2911%BD

1097%

378%

276%

236%

239%

1097%

458%

657%

1 to 2 yearsCount

Column %15410%

2710%

5813%

E

519%

187%

15410%

6013%GI

348%

4111%

197%

15410%

458%

10811%

3 to 4 yearsCount

Column %1349%

2610%

409%

479%

228%

1349%

449%H

5012%HI

205%

207%

1349%

407%

9410%

5 or more yearsCount

Column %80353%

13952%

21948%

31158%

C

13451%

80353%

20143%

22153%

F

21859%

F

16460%

F

80353%

26548%

53856%

J

21


Retired when you thought you would?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969

Unweighted SampleSize 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959Yes

CountColumn %

58638%

7728%

16737%

B

21640%

B

12749%BCD

58638%

17738%

15638%

15442%

9936%

58638%

16830%

41843%

JNo, earlier

CountColumn %

84055%

17766%CDE

26458%

E

29655%

E

10239%

84055%

25855%

23356%

19051%

15958%

84055%

35263%

K

48850%

No, laterCount

Column %986%

156%

266%

255%

3112%BCD

986%

306%

276%

257%

166%

986%

356%

637%

22


[If retired earlier] Primary reason for retiring earlier





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 840 177 264 296 102 840 258 233 190 159 840 352 488


Wanted toretire/retired

voluntarilyCount

Column %28634%

6034%

9436%

9432%

3837%

28634%

7429%

8436%

6535%

6339%

F

28634%

12636%

16033%

Wanted to + offered abuyout by employer

CountColumn %

18322%

3319%

5320%

6422%

3231%BCD

18322%

4718%

4218%

4825%

4629%FG

18322%

4513%

13828%

JDidn't want to, forced

due to health issuesCount

Column %20825%

5531%

E

6424%

7224%

1817%

20825%

8934%HI

6327%HI

3418%

2314%

20825%

11132%

K

9720%

Didn't want to, forceddue by employer

CountColumn %

12014%

2313%

3915%

4916%

1010%

12014%

3413%

3615%

2714%

2214%

12014%

5114%

6914%

Office/co closed,problems

w/boss/emplyrCount

Column %223%

00%

73%B

103%B

55%B

223%

93%

62%

53%

21%

223%

82%

133%

Insurance relatedreasons

CountColumn %

20%

00%

21%

10%

00%

20%

21%

10%

00%

00%

20%

00%

20%

23


[If retired earlier] Primary reason for retiring earlier (Continued)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Couldn't find job

CountColumn %

71%

21%

41%

10%

00%

71%

21%

10%

42%

00%

71%

31%

41%

Self-emp, own businessCount

Column %111%

32%

21%

72%

00%

111%

00%

21%

63%F

42%F

111%

82%

31%

OtherCount

Column %1

0%1

1%0

0%0

0%0

0%1

0%1

0%0

0%0

0%0

0%1

0%0

0%1

0%

24


Did you reduce the # of hours worked BEFORE retiring?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,34989%

24089%

40889%

47889%

22386%

1,34989%

41790%

36086%

33190%

24188%

1,34989%

45081%

89993%

JYes

CountColumn %

17511%

2911%

4811%

6011%

3714%

17511%

4710%

5714%

3810%

3312%

17511%

10519%

K

707%

25


How confident that you saved enough $ to live comfortably in retiremnt





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Very confidentCount

Column %56837%

7327%

16336%

B

21340%

B

11845%BC

56837%

9120%

13633%

F

17347%FG

16861%FGH

56837%

17732%

39040%

JSomewhat confident

CountColumn %

76950%

15658%DE

23952%

E

26048%

11444%

76950%

26256%HI

23356%HI

17547%

I

9936%

76950%

28051%

48950%

Not too confidentCount

Column %1439%

3212%

419%

509%

208%

1439%

8418%GHI

338%

I

205%

72%

1439%

7413%

K

707%

Not at all confidentCount

Column %443%

83%

133%

153%

83%

443%

286%HI

143%HI

20%

00%

443%

234%K

202%

26


Who is responsible for managing household





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959I amCount

Column %82554%

14453%

24955%

29455%

13953%

82554%

25154%

21752%

21157%

14653%

82554%

31757%

50852%

My spouse/partnerCount

Column %1037%

228%

378%

305%

156%

1037%

317%

297%

287%

156%

1037%

295%

748%

Shared responsibilityCount

Column %59639%

10338%

17137%

21440%

10741%

59639%

18339%

17141%

13035%

11241%

59639%

20938%

38740%

Other adult in thehousehold

CountColumn %

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

00%

27


Are you as financially secure NOW as you thought you'd be?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,518 266 455 538 259 1,518 464 416 364 274 1,518 553 965


Yes, just as financiallysecure as thought wld

beCount

Column %83655%

13752%

25957%

30456%

13652%

83655%

22348%

24559%

F

21860%

F

15055%

83655%

29654%

54056%

No, am MOREfinancially secure

CountColumn %

37325%

5822%

10423%

12924%

8232%BCD

37325%

9220%

8621%

9827%FG

9635%FGH

37325%

11721%

25727%

JNo, am LESS financially

secureCount

Column %30820%

7127%CDE

9120%

10520%

4116%

30820%

14832%GHI

8520%HI

4813%

2710%

30820%

14025%

K

16817%

Don't Know/no answerCount

Column %0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%0

0%

28


Before retiring: Ident retiremnt inc resources for all phases





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %88958%

14353%

25456%

32460%

16865%BC

88958%

32069%GHI

25962%HI

18249%

12746%

88958%

36566%

K

52454%

YesCount

Column %63542%

12647%

E

20344%

E

21440%

9235%

63542%

14431%

15738%

F

18751%FG

14754%FG

63542%

18934%

44646%

J

29


Before retiring: Deter whether inc wld cover exp in retirmnt





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %47131%

8230%

13229%

17232%

8533%

47131%

19141%GHI

11728%

8523%

7728%

47131%

22741%

K

24325%

YesCount

Column %1,05369%

18770%

32571%

36668%

17567%

1,05369%

27359%

29972%

F

28377%

F

19772%

F

1,05369%

32759%

72675%

J

30


Before retiring: Estimated how inflation affects exp after 15+ yrs





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %95863%

17766%

27560%

33362%

17367%

95863%

36980%GHI

25160%

I

19754%

14051%

95863%

38068%

K

57860%

YesCount

Column %56637%

9234%

18240%

20538%

8733%

56637%

9520%

16540%

F

17146%

F

13449%FG

56637%

17532%

39140%

J

31


Before retiring: Took into acct Medicare Hlth care benes at age 65





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %76750%

17966%DE

27360%DE

21239%

10340%

76750%

25154%

H

20549%

16846%

14352%

76750%

29052%

47749%

YesCount

Column %75750%

9134%

18440%

32561%BC

15760%BC

75750%

21446%

21251%

20154%

F

13148%

75750%

26548%

49251%

32


Before retiring: Deter whether you wld have to wrk in retiremnt





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,06670%

17063%

29665%

39573%BC

20579%BC

1,06670%

34374%

G

27666%

25670%

19170%

1,06670%

40874%

K

65868%

YesCount

Column %45830%

9937%DE

16035%DE

14327%

5521%

45830%

12226%

14134%

F

11230%

8330%

45830%

14626%

31132%

J

33


Before retiring: Compared moving options to reduce cost living exp





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,17677%

19974%

32872%

43882%BC

21181%

C

1,17677%

37180%

G

30674%

28677%

21378%

1,17677%

43178%

74677%

YesCount

Column %34823%

7026%

D

12828%DE

9918%

5019%

34823%

9320%

11026%

F

8323%

6122%

34823%

12422%

22323%

34


Before retiring: Evaluated best time to take Social Security benes





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %59439%

16260%CDE

17638%

D

16030%

9737%

D

59439%

21847%GHI

15437%

12233%

10037%

59439%

23642%

K

35837%

YesCount

Column %93061%

10840%

28162%

B

37870%BCE

16363%

B

93061%

24753%

26363%

F

24767%

F

17363%

F

93061%

31958%

61163%

J

35


Before retiring: None of the above





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,30085%

22584%

38584%

46787%

22286%

1,30085%

37380%

35986%

F

33090%

F

23686%

F

1,30085%

44480%

85588%

JYes

CountColumn %

22415%

4416%

7216%

7113%

3814%

22415%

9120%GHI

5714%

3810%

3714%

22415%

11020%

K

11412%

36


Have formal written plan for managing finances in retirement





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Yes, created BEFORE Iretired

CountColumn %

34423%

6624%

E

10623%

12623%

4517%

34423%

6915%

9222%

F

10729%FG

7628%

F

34423%

12022%

22423%

Yes, created AFTER Iretired

CountColumn %

22515%

3212%

6715%

8215%

4417%

22515%

7516%

6115%

4512%

4416%

22515%

9818%

K

12813%

No, but plan to createone

CountColumn %

17011%

4617%CE

429%

6813%

E

145%

17011%

6414%

I

4711%

4011%

207%

17011%

6812%

10211%

No and don't have anyplans to develop one

CountColumn %

78451%

12546%

24153%

26249%

15660%BD

78451%

25755%

H

21752%

17648%

13449%

78451%

26948%

51653%

37


[If have finl plan] Finl prof helped write plan?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 569 98 174 208 90 569 144 152 152 120 569 218 351


NoCount

Column %22039%

4546%

6437%

7436%

3741%

22039%

6545%

5938%

5536%

4235%

22039%

7133%

14942%

JYes

CountColumn %

34961%

5354%

11063%

13464%

5259%

34961%

8055%

9462%

9764%

7865%

34961%

14667%

K

20258%

38


[If no finl plan] Have an INFORMAL plan for managing finances in retiremt?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 955 171 283 330 171 955 320 264 216 154 955 337 618


NoCount

Column %27629%

5130%

7526%

9428%

5734%

27629%

12038%GHI

7127%

5224%

3321%

27629%

10631%

17128%

YesCount

Column %67971%

12170%

20974%

23672%

11366%

67971%

20062%

19373%

F

16476%

F

12179%

F

67971%

23169%

44772%

39


Currently have personal financial advisor?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %66644%

12948%

D

19042%

21740%

13150%CD

66644%

24352%GHI

17843%

14138%

10438%

66644%

21338%

45447%

JYes

CountColumn %

85856%

14152%

26758%

E

32160%BE

12950%

85856%

22248%

23857%

F

22862%

F

16962%

F

85856%

34262%

K

51553%

40


[If have finl adv] Type of financial professional used





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515


AccountantCount

Column %536%

1511%

D

166%

155%

65%

536%

198%H

177%H

73%

106%

536%

216%

326%

Bank rep/trust officerCount

Column %405%

54%

135%

165%

64%

405%

136%

104%

84%

74%

405%

175%

224%

Employee benepersonnel

CountColumn %

30%

11%

10%

20%

00%

30%

10%

21%

10%

00%

30%

10%

20%

Finl planner or advisorCount

Column %55264%

8963%

18369%

19862%

8163%

55264%

14164%

16268%

14765%

10160%

55264%

22265%

33064%

LawyerCount

Column %101%

43%

31%

21%

11%

101%

21%

21%

52%

10%

101%

51%

51%

Life ins agentCount

Column %162%

21%

93%

52%

11%

162%

84%

I

52%

31%

00%

162%

41%

132%

StockbrokerCount

Column %16419%

2216%

3714%

7323%

C

3224%

C

16419%

3415%

3615%

5022%

4426%FG

16419%

6820%

9619%

Family member/friendCount

Column %111%

32%

42%

10%

22%

111%

31%

42%

10%

32%

111%

21%

82%

41


[If have finl adv] Type of financial professional used (Continued)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*OtherCount

Column %101%

00%

21%

82%

11%

101%

10%

00%

62%G

42%G

101%

21%

71%

42


[If have finl adv] Frequency of contact w/ finl advisor





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515


More than twice a yearCount

Column %57367%

9568%

18268%

20965%

8767%

57367%

13059%

14661%

15769%

F

14083%FGH

57367%

24170%

33264%

Twice a yearCount

Column %17220%

2921%

4718%

7022%

2620%

17220%

6027%HI

5222%

I

4419%

I

1710%

17220%

6318%

11021%

Once a yearCount

Column %85

10%118%

3112%

309%

1310%

8510%

2411%

3113%

I

209%

106%

8510%

329%

5310%

Less than once a yearCount

Column %233%

53%

52%

103%

33%

233%

73%

83%

52%

32%

233%

72%

163%

Can't remember thelast time

CountColumn %

40%

00%

21%

10%

11%

40%

00%

21%

21%

00%

40%

00%

41%

43


Helps w/ managing assets





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515


NoCount

Column %16920%

3022%

4517%

6420%

2923%

16920%

5324%

I

5021%

I

4520%

I

2012%

16920%

6619%

10320%

YesCount

Column %68980%

11078%

22283%

25780%

10077%

68980%

16876%

18879%

18380%

14988%FGH

68980%

27681%

41380%

44


Helps w/ minimizing risk exposure





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515


NoCount

Column %38044%

6144%

11543%

14344%

6248%

38044%

12657%GHI

10243%

9140%

6036%

38044%

15044%

23045%

YesCount

Column %47756%

7956%

15257%

17856%

6852%

47756%

9543%

13657%

F

13760%

F

10964%

F

47756%

19356%

28555%

45


Helps w/ planng exp + inc in retiremt





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515


NoCount

Column %56566%

8661%

15960%

22069%

C

9977%BC

56566%

15570%

16168%

14162%

10864%

56566%

21462%

35168%

YesCount

Column %29334%

5539%

E

10840%DE

10031%

3023%

29334%

6730%

7732%

8738%

6236%

29334%

12838%

16432%

46


Helps w/ minimizing taxes





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515


NoCount

Column %44452%

6747%

14655%

16652%

6651%

44452%

11451%

13657%

I

12354%

I

7242%

44452%

17752%

26752%

YesCount

Column %41348%

7453%

12145%

15548%

6349%

41348%

10849%

10243%

10546%

9858%GH

41348%

16548%

24848%

47


Helps w/ planning RMD





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515


NoCount

Column %55865%

9970%

E

19975%DE

20965%

E

5039%

55865%

15269%

16168%

13861%

10663%

55865%

22064%

33866%

YesCount

Column %30035%

4230%

6825%

11135%

C

7961%BCD

30035%

7031%

7732%

9039%

6337%

30035%

12236%

17834%

48


Helps w/ None of the above





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

Sample Size 858 141 267 321 129 858 222 238 228 169 858 342 515Unweighted Sample

Size 842 130 256 321 135 842 241 253 215 133 842 344 498No

CountColumn %

81495%

13797%

25595%

30394%

12093%

81495%

20994%

22293%

21594%

16799%FGH

81495%

32896%

48694%

YesCount

Column %445%

43%

125%

186%

97%

445%

136%

I

167%

I

136%

I

21%

445%

144%

306%

49


[If have finl adv] Curr finl adv helped before retiring





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 842 130 256 321 135 842 241 253 215 133 842 344 498No

CountColumn %

44752%

6949%

12747%

17856%

7256%

44752%

12255%

13155%

11651%

7846%

44752%

18755%

26050%

YesCount

Column %41148%

7251%

14053%

14244%

5744%

41148%

10045%

10845%

11149%

9254%

41148%

15645%

25550%

50


[If have finl adv] Type of wrkg relationshp w/ finl adv





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 842 130 256 321 135 842 241 253 215 133 842 344 498Reviews finl situation

at least once yearCount

Column %40647%

7150%

13249%

15248%

5140%

40647%

9040%

12151%

F

10948%

8651%

F

40647%

14743%

25950%

JHelps with my finl

situation as neededCount

Column %43651%

6949%

13149%

16050%

7659%

43651%

12657%

11548%

11450%

8148%

43651%

18955%

K

24748%

Initially when retiringbut rarely now

CountColumn %

162%

11%

52%

83%

22%

162%

63%

31%

52%

21%

162%

72%

92%

51


Confidence that assets + invstmnts are managed in best way





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Very ConfidentCount

Column %76250%

10438%

24654%

B

27551%

B

13753%

B

76250%

19943%

21451%

F

20355%

F

14653%

F

76250%

28351%

47949%

Somewhat ConfidentCount

Column %68845%

14453%CDE

19643%

24045%

10942%

68845%

23450%GH

18144%

15442%

11843%

68845%

23843%

45046%

Not too ConfidentCount

Column %644%

187%CD

143%

193%

135%

644%

286%H

174%

113%

83%

644%

305%

333%

Not at all ConfidentCount

Column %111%

42%

10%

41%

10%

111%

41%

51%

00%

21%

111%

41%

61%

52


Curr inc from: DB





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %55536%

10238%

15534%

20238%

9637%

55536%

17237%

14334%

13837%

10137%

55536%

555100%

00%

YesCount

Column %96964%

16862%

30266%

33662%

16463%

96964%

29263%

27466%

23163%

17263%

96964%

00%

969100%

53


Curr inc from: DC





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,15776%

20677%

36680%

E

40375%

18270%

1,15776%

36979%

H

31876%

26271%

20976%

1,15776%

45081%

K

70773%

YesCount

Column %36724%

6323%

9120%

13425%

7930%

C

36724%

9521%

9924%

10729%

F

6524%

36724%

10519%

26227%

J

54


Curr inc from: Social Security benefits





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %48032%

20576%CDE

20044%DE

509%

2610%

48032%

12026%

13833%

F

11631%

10639%

F

48032%

17231%

30932%

YesCount

Column %1,04468%

6424%

25756%

B

48891%BC

23490%BC

1,04468%

34474%GI

27967%

25369%

16861%

1,04468%

38369%

66168%

55


Curr inc from: IRAs -- Int + inv earnings





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,22080%

23688%DE

38284%

E

42980%

E

17367%

1,22080%

39485%HI

33981%

H

27274%

21579%

1,22080%

42977%

79182%

JYes

CountColumn %

30420%

3312%

7516%

10920%

B

8733%BCD

30420%

7115%

7819%

9626%FG

5821%

F

30420%

12523%

K

17818%

56


Curr inc from: IRAs -- Int, inv + some prin





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,24882%

23687%DE

39085%

E

44082%

E

18270%

1,24882%

38984%

34082%

29881%

22181%

1,24882%

43779%

81184%

JYes

CountColumn %

27618%

3413%

6715%

9718%

B

7830%BCD

27618%

7616%

7718%

7119%

5319%

27618%

11821%

K

15816%

57


Curr inc from: Ind-purchased annuities





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,23681%

23085%DE

39386%DE

42178%

19274%

1,23681%

39384%

H

33680%

28778%

22181%

1,23681%

44580%

79182%

YesCount

Column %28819%

3915%

6314%

11722%BC

6826%BC

28819%

7216%

8120%

8122%

F

5319%

28819%

11020%

17818%

58


Curr inc from: Savings -- Int + inv earnings





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,01266%

18870%

E

32371%

E

35867%

E

14455%

1,01266%

34975%GHI

28167%

I

23163%

15256%

1,01266%

37668%

63666%

YesCount

Column %51234%

8230%

13429%

18033%

11645%BCD

51234%

11625%

13633%

F

13837%

F

12244%FG

51234%

17832%

33334%

59


Curr inc from: Savings -- Int, inv + some prin





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,16376%

19472%

35277%

41177%

20679%

B

1,16376%

35176%

33280%

H

26772%

21378%

1,16376%

39170%

77280%

JYes

CountColumn %

36124%

7628%

E

10423%

12623%

5421%

36124%

11424%

8420%

10228%

G

6122%

36124%

16430%

K

19720%

60


Curr inc from: Full-time job earnings





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,21780%

17866%

34575%

B

45484%BC

24193%BCD

1,21780%

36378%

33981%

29279%

22382%

1,21780%

42076%

79782%

JYes

CountColumn %

30720%

9234%CDE

11225%DE

8416%

E

197%

30720%

10122%

7719%

7721%

5118%

30720%

13524%

K

17218%

61


Curr inc from: Part-time job earnings





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,19578%

19572%

34776%

43982%BC

21482%BC

1,19578%

36779%

31074%

30883%GI

21177%

1,19578%

44981%

74677%

YesCount

Column %32922%

7428%DE

11024%DE

9918%

4618%

32922%

9821%

10726%

H

6117%

6323%

H

32922%

10519%

22323%

62


Curr inc from: Life ins policy(s)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,38391%

23487%

41491%

50293%

B

23390%

1,38391%

42291%

37389%

33691%

25292%

1,38391%

51693%

K

86789%

YesCount

Column %1419%

3513%

D

439%

367%

2710%

1419%

429%

4411%

339%

218%

1419%

397%

10211%

J

63


Curr inc from: Home equity





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,37590%

24490%

42192%

48189%

23088%

1,37590%

42191%

37389%

33190%

25091%

1,37590%

49890%

87790%

YesCount

Column %14910%

2610%

368%

5711%

3112%

14910%

449%

4411%

3810%

249%

14910%

5710%

9210%

64


Curr inc from: Inheritance





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,32387%

23085%

40488%

46486%

22687%

1,32387%

41690%

I

36788%

I

32688%

I

21478%

1,32387%

47385%

85088%

YesCount

Column %20113%

4015%

5312%

7314%

3513%

20113%

4810%

5012%

4312%

6022%FGH

20113%

8215%

11912%

65


Curr inc from: Other





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,44395%

24290%

43796%

B

51696%

B

24895%

B

1,44395%

44696%

I

39595%

35396%

I

25091%

1,44395%

50090%

94397%

JYes

CountColumn %

815%

2710%CDE

204%

224%

125%

815%

194%

225%

164%

249%FH

815%

5510%

K

263%

66


Untapped inc: DB





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,36289%

21981%

39486%

50293%BC

24996%BC

1,36289%

41690%

38292%

I

32989%

23586%

1,36289%

48387%

87991%

JYes

CountColumn %

16111%

5119%DE

6314%DE

357%

124%

16111%

4810%

348%

4011%

3814%

G

16111%

7213%

K

899%

67


Untapped inc: DC





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,08571%

14554%

30266%

B

39974%BC

23992%BCD

1,08571%

34775%

I

30473%

I

25870%

17564%

1,08571%

40773%

67870%

YesCount

Column %43829%

12546%CDE

15534%DE

13826%

E

218%

43829%

11625%

11327%

11030%

9936%FG

43829%

14827%

29030%

68


Untapped inc: Social Security benefits





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,17077%

13651%

30767%

B

48490%BC

24293%BC

1,17077%

37681%HI

32378%

27575%

19571%

1,17077%

43679%

73476%

YesCount

Column %35323%

13349%CDE

14933%DE

5310%

187%

35323%

8719%

9322%

9425%

F

7929%

F

35323%

11921%

23524%

69


Untapped inc: IRA -- Int, + inv earnings





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,16176%

19573%

33673%

41177%

21984%BCD

1,16176%

39184%GHI

31776%

I

27675%

I

17765%

1,16176%

42977%

73276%

YesCount

Column %36224%

7427%

E

12127%

E

12623%

E

4116%

36224%

7316%

10024%

F

9325%

F

9735%FGH

36224%

12623%

23724%

70


Untapped inc: IRA -- Int, inv + some prin





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %97164%

13349%

27861%

B

34965%

B

21281%BCD

97164%

33372%HI

27967%HI

21458%

14553%

97164%

37367%

K

59862%

YesCount

Column %55236%

13651%CDE

17939%

E

18835%

E

4919%

55236%

13028%

13833%

15542%FG

12847%FG

55236%

18233%

37038%

J

71


Untapped inc: Ind-purchased annuities





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,10172%

18067%

33173%

38371%

20780%BCD

1,10172%

35376%HI

30373%

25770%

18768%

1,10172%

42877%

K

67370%

YesCount

Column %42228%

8933%

E

12627%

E

15429%

E

5320%

42228%

11024%

11427%

11130%

F

8732%

F

42228%

12723%

29530%

J

72


Untapped inc: Savings -- Int + inv earnings





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,14675%

20576%

33874%

40175%

20278%

1,14675%

35677%

I

31576%

28477%

I

19170%

1,14675%

44881%

K

69872%

YesCount

Column %37725%

6424%

11926%

13625%

5822%

37725%

10823%

10124%

8523%

8330%FH

37725%

10719%

27028%

J

73


Untapped inc: Savings -- Int, inv + some prin





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,03668%

16160%

30467%

37570%

B

19776%BC

1,03668%

34875%GI

27766%

I

26071%

I

15155%

1,03668%

41775%

K

61964%

YesCount

Column %48732%

10940%DE

15333%

E

16230%

6324%

48732%

11625%

14034%

F

10829%

12345%FGH

48732%

13825%

34936%

J

74


Untapped inc: Life insurance policy(s)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %96763%

15156%

29665%

B

34765%

B

17366%

B

96763%

30666%

I

27366%

22762%

16058%

96763%

37768%

K

59061%

YesCount

Column %55637%

11844%CDE

16135%

19035%

8734%

55637%

15834%

14334%

14238%

11442%

F

55637%

17832%

37939%

J

75


Untapped inc: Home equity





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %99065%

15959%

28663%

36167%

B

18471%BC

99065%

32370%HI

27165%

22962%

16861%

99065%

36365%

62765%

YesCount

Column %53335%

11141%DE

17137%

E

17633%

7629%

53335%

14130%

14635%

14038%

F

10639%

F

53335%

19235%

34135%

76


Untapped inc: Inheritance





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,33788%

22885%

39286%

47789%

24092%BC

1,33788%

40988%

36487%

32488%

24087%

1,33788%

49789%

84087%

YesCount

Column %18612%

4115%

E

6514%

E

6011%

208%

18612%

5512%

5213%

4412%

3413%

18612%

5811%

12813%

77


Untapped inc: Real estate





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,523 251 445 549 278 1,523 499 452 351 221 1,523 565 958No

CountColumn %

1,51199%

26799%

45399%

535100%

E

25698%

1,51199%

462100%

41399%

36699%

27099%

1,51199%

54999%

96299%

YesCount

Column %121%

21%

41%

20%

52%D

121%

20%

41%

31%

41%

121%

61%

71%

78


Untapped inc: Other





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,523 251 445 549 278 1,523 499 452 351 221 1,523 565 958No

CountColumn %

1,519100%

26799%

456100%

537100%

25999%

1,519100%

463100%

416100%

368100%

27299%

1,519100%

55199%

967100%

YesCount

Column %4

0%2

1%1

0%0

0%2

1%4

0%1

0%1

0%1

0%2

1%4

0%4

1%1

0%

79


Untapped inc: None of the above





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,523 269 457 537 260 1,523 464 417 369 274 1,523 555 968


NoCount

Column %1,34388%

25896%DE

42593%DE

45685%

E

20478%

1,34388%

40387%

36287%

32989%

24991%

1,34388%

47786%

86689%

JYes

CountColumn %

18012%

124%

327%

8115%BC

5622%BCD

18012%

6113%

5413%

4011%

259%

18012%

7814%

K

10311%

80


Ind Annuity pymts: Reg monthly guaranteed for life





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 282 31 64 114 73 282 78 88 75 41 282 112 170No

CountColumn %

18163%

2462%

4266%

7464%

4160%

18163%

4360%

5771%

5061%

3159%

18163%

7468%

10761%

YesCount

Column %10537%

1538%

2134%

4136%

2840%

10537%

2840%

2329%

3139%

2241%

10537%

3532%

7039%

81


Ind Annuity pymts: Reg monthly NOT guar for life





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 286 39 63 116 68 286 71 80 81 53 286 109 177


NoCount

Column %21676%

3180%

4774%

8271%

5682%

21676%

5374%

5771%

6782%

4075%

21676%

7266%

14481%

JYes

CountColumn %

7024%

820%

1726%

3329%

1218%

7024%

1826%

2429%

1518%

1425%

7024%

3734%

K

3319%

82


Ind Annuity pymts: Various times a year, amts may differ





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 282 31 64 114 73 282 78 88 75 41 282 112 170No

CountColumn %

16357%

2155%

3656%

6960%

3754%

16357%

4360%

4556%

4353%

3261%

16357%

6559%

9856%

YesCount

Column %12343%

1745%

2844%

4640%

3146%

12343%

2940%

3544%

3847%

2139%

12343%

4441%

7944%

83


Currently receiving ret income from UNION affiliation?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,34488%

23386%

38985%

48490%

C

23892%

C

1,34488%

39485%

36688%

33791%

F

24890%

F

1,34488%

51893%

K

82685%

YesCount

Column %15310%

3312%

E

5512%

E

469%

187%

15310%

5813%

H

4210%

288%

249%

15310%

326%

12112%

JDK/not sure

CountColumn %

272%

31%

123%

71%

41%

272%

123%

92%

41%

21%

272%

41%

222%

J

84


% of hhds total investable assets withdrawn in 2007





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Did not withdraw anyassets in 2007

CountColumn %

60139%

14253%CDE

18641%

E

21239%

E

6124%

60139%

18540%

15637%

14038%

12044%

60139%

17331%

42744%

JLess than 3%

CountColumn %

44929%

6926%

15333%BD

14727%

8031%

44929%

11424%

13031%

F

11832%

F

8732%

F

44929%

17532%

27328%

3%Count

Column %574%

93%

123%

255%

124%

574%

133%

215%

134%

104%

574%

234%

344%

4%Count

Column %483%

31%

133%

183%

156%B

483%

123%

133%

113%

124%

483%

204%

283%

5%Count

Column %886%

114%

266%

336%

187%

886%

337%

205%

257%

104%

886%

448%K

445%

6% or moreCount

Column %795%

114%

235%

316%

145%

795%

266%

266%

144%

135%

795%

397%K

404%

DK, not sureCount

Column %20213%

249%

4510%

7213%

6124%BCD

20213%

8218%GI

5012%

4913%

I

218%

20213%

8014%

12213%

85


The ONE MAJOR objective for hhds investable assets





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Survive, get by,pay billsCount

Column %242%

62%

92%

71%

21%

242%

102%

92%

51%

10%

242%

112%

131%

Maintain/improvecurrent/comfortable

lifestyleCount

Column %14810%

2810%

4710%

489%

2510%

14810%

398%

4210%

3610%

3011%

14810%

478%

10110%

Enjoy leisure, travel,spend what I want

CountColumn %

382%

62%

123%

143%

52%

382%

112%

143%

62%

73%

382%

112%

273%

Spend it all before I dieCount

Column %4

0%1

0%2

0%1

0%1

0%4

0%1

0%1

0%2

1%0

0%4

0%2

0%2

0%

Leave something toheirs, etc.

CountColumn %

463%

31%

61%

153%

228%BCD

463%

143%

82%

144%

104%

463%

153%

303%

Live comfortably andleave inheritance

CountColumn %

232%

10%

61%

102%

62%

232%

61%

51%

72%

52%

232%

61%

172%

Provide retirement inc,no specific use

CountColumn %

916%

176%

337%

316%

104%

916%

255%

297%

154%

238%H

916%

428%K

495%

86


The ONE MAJOR objective for hhds investable assets (Continued)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *For specific use, fund a

planCount

Column %221%

62%

82%

51%

31%

221%

112%H

92%

20%

10%

221%

61%

162%

Provide supplementaryincome

CountColumn %

252%

93%D

102%

51%

21%

252%

133%

51%

41%

41%

252%

51%

192%

Emergencies, if Ishould need it

CountColumn %

282%

31%

112%

112%

21%

282%

174%HI

72%

31%

10%

282%

71%

212%

Prov safety/security,insure independence

CountColumn %

584%

83%

153%

255%

104%

584%

174%

143%

144%

135%

584%

183%

404%

Cover medical expensesCount

Column %221%

11%

82%

71%

62%

221%

92%

21%

82%

31%

221%

31%

192%

JContinue saving

CountColumn %

231%

21%

112%

82%

21%

231%

92%

51%

41%

52%

231%

71%

152%

Protect assets,maintain/retain funds

CountColumn %

654%

73%

215%

255%

125%

654%

204%

153%

154%

166%

654%

214%

445%

Maintain/don't useprincipal

CountColumn %

956%

166%

276%

295%

228%

956%

163%

287%F

247%F

2610%

F

956%

417%

546%

87







DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Asset growth

CountColumn %

36524%

7628%

E

11926%

11822%

5220%

36524%

9721%

8821%

11130%FG

6825%

36524%

13524%

23024%

Earn more/keep upwith inflation

CountColumn %

503%

52%

153%

204%

104%

503%

82%

133%

134%

156%F

503%

102%

404%

JInvestment/financial

strategyCount

Column %503%

93%

133%

214%

73%

503%

194%

154%

103%

52%

503%

193%

313%

Put off accessing it aslong as possible

CountColumn %

393%

62%

164%

112%

52%

393%

184%H

123%

41%

52%

393%

112%

283%

Hope money lasts mylifetime

CountColumn %

523%

104%

123%

244%

62%

523%

214%

I

154%

144%

I

31%

523%

295%K

242%

Hope money lastsspouse/partner's

lifetimeCount

Column %3

0%0

0%1

0%2

0%0

0%3

0%1

0%2

1%0

0%0

0%3

0%0

0%3

0%

Money lasts our lifetimeor for period/age

CountColumn %

1107%

156%

327%

438%

208%

1107%

276%

369%

339%

145%

1107%

519%K

596%

88







DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *OtherCount

Column %433%

93%

71%

194%C

83%

433%

133%

102%

103%

104%

433%

183%

253%

None, don't know, noappropriate answer

CountColumn %

1017%

2610%

C

174%

367%C

218%C

1017%

4510%HI

338%HI

154%

83%

1017%

407%

616%

89


Risk tolerance level when FIRST retired





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Extremely conservativeCount

Column %23115%

4015%

6715%

7614%

4718%

23115%

9019%

H

6115%

4111%

3914%

23115%

7614%

15516%

Somewhat conservativeCount

Column %57738%

8732%

17037%

22842%

B

9336%

57738%

19041%

I

16139%

I

14840%

I

7728%

57738%

21539%

36237%

Evenly balanced betwconservative +

agressiveCount

Column %52735%

9736%

16236%

17533%

9336%

52735%

13830%

15236%

F

12734%

11040%

F

52735%

19635%

33134%

Somewhat aggressiveCount

Column %17111%

3914%

5011%

5711%

2610%

17111%

439%

389%

4713%

4416%FG

17111%

6111%

11011%

Extremely aggressiveCount

Column %181%

62%D

82%

20%

21%

181%

31%

51%

62%

42%

181%

71%

111%

90


Curr vs Then: Risk tolerance for managing hhd inv assest





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Much moreconservative

CountColumn %

1429%

259%

409%

499%

2711%

1429%

5913%GHI

358%

277%

218%

1429%

5911%

839%

Slightly moreconservative

CountColumn %

39126%

6524%

12728%

14026%

5822%

39126%

10122%

11728%

F

9927%

7327%

39126%

13625%

25526%

About the sameCount

Column %91060%

16360%

26558%

32360%

15861%

91060%

28461%

24458%

21759%

16560%

91060%

33059%

58060%

Slightly moreaggressive

CountColumn %

735%

114%

245%

244%

156%

735%

194%

195%

257%

104%

735%

255%

485%

Much more aggressiveCount

Column %8

1%5

2%CD

00%

20%

21%

81%

20%

10%

10%

52%G

81%

51%

30%

91


Why risk_tol chged: Followed finl advisor's advice





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %44272%

7066%

13772%

15874%

7776%

44272%

13776%

H

12874%

H

9663%

8275%

44272%

15468%

28974%

YesCount

Column %17228%

3634%

5428%

5726%

2524%

17228%

4324%

4526%

5637%FG

2825%

17228%

7132%

10026%

92


Why risk_tol chged: Concern about the economy





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %23238%

3230%

6333%

9444%BC

4241%

23238%

6637%

6738%

6140%

3835%

23238%

8939%

14337%

YesCount

Column %38362%

7570%

D

12867%

D

12056%

6059%

38362%

11463%

10762%

9160%

7165%

38362%

13661%

24763%

93


Why risk_tol chged: Concerned about inflation





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 613 91 186 225 111 613 194 194 144 81 613 233 380No

CountColumn %

30750%

5450%

9751%

10348%

5352%

30750%

8346%

8851%

7650%

6055%

30750%

11852%

19049%

YesCount

Column %30750%

5350%

9449%

11152%

4948%

30750%

9754%

8549%

7550%

4945%

30750%

10748%

19951%

94


Why risk_tol chged: No time to recover mkt downturn





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 613 91 186 225 111 613 194 194 144 81 613 233 380No

CountColumn %

46275%

8681%

14374%

15472%

7978%

46275%

12770%

13075%

11576%

9183%

F

46275%

16674%

29776%

YesCount

Column %15225%

2019%

4926%

6028%

2322%

15225%

5330%

I

4325%

3724%

1917%

15225%

5926%

9324%

95


Why risk_tol chged: Value of my home changed





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 613 91 186 225 111 613 194 194 144 81 613 233 380No

CountColumn %

53287%

9387%

16586%

18486%

9089%

53287%

15385%

14886%

13388%

9890%

53287%

19888%

33486%

YesCount

Column %82

13%14

13%27

14%30

14%12

11%82

13%28

15%25

14%18

12%11

10%82

13%27

12%55

14%

96


Why risk_tol chged: Amt of income changed





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %50282%

8883%

15380%

17782%

8483%

50282%

14078%

13377%

12784%

10293%FGH

50282%

17477%

32884%

JYes

CountColumn %

11218%

1817%

3920%

3818%

1817%

11218%

4022%

I

4023%

I

2516%

I

77%

11218%

5123%

K

6116%

97


Why risk_tol chged: My expenses changed





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %48879%

8277%

15681%

16878%

8381%

48879%

12268%

14182%

F

13086%

F

9587%

F

48879%

18080%

30979%

YesCount

Column %12621%

2423%

3619%

4722%

1919%

12621%

5832%GHI

3218%

2214%

1413%

12621%

4520%

8121%

98


Why risk_tol chged: Changes in my income sources





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 613 91 186 225 111 613 194 194 144 81 613 233 380No

CountColumn %

52585%

9185%

15983%

18586%

9088%

52585%

15385%

14986%

12582%

9890%

52585%

18783%

33887%

YesCount

Column %89

15%16

15%32

17%29

14%12

12%89

15%27

15%24

14%27

18%11

10%89

15%38

17%52

13%

99


Why risk_tol chged: Changes in healthcare costs





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %48980%

8781%

13973%

18385%

C

8078%

48980%

13575%

13377%

13287%FG

8981%

48980%

17578%

31481%

YesCount

Column %12620%

2019%

5227%

D

3215%

2222%

12620%

4525%

H

4123%

H

2013%

2019%

12620%

5022%

7619%

100


Why risk_tol chged: I/spouse had changes in our health





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %50983%

9084%

16686%

17280%

8180%

50983%

13575%

14382%

13488%

F

9789%

F

50983%

18281%

32684%

YesCount

Column %10617%

1716%

2614%

4320%

2120%

10617%

4525%HI

3018%

1812%

1211%

10617%

4319%

6316%

101


Why risk_tol chged: Change in marital status





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %57493%

9892%

18998%BDE

19691%

9190%

57493%

16391%

16294%

14495%

10596%

57493%

20692%

36895%

YesCount

Column %407%

88%C

32%

189%C

1110%

C

407%

179%

116%

85%

44%

407%

198%

215%

102


Why risk_tol chged: Other





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 614 106 192 214 102 614 180 173 152 109 614 225 389


NoCount

Column %59897%

10699%

18898%

20696%

9896%

59897%

17999%

I

17098%

14696%

10394%

59897%

22098%

37797%

YesCount

Column %173%

11%

42%

84%

44%

173%

11%

32%

64%

66%F

173%

52%

123%

103


Self description of method of investing





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


I look into invtmts +make own decisions

CountColumn %

53535%

10840%

D

15734%

17132%

9938%

53535%

17738%

H

14435%

11130%

10338%

H

53535%

16329%

37238%

JWant pd prof

suggestns, but makeown decisions

CountColumn %

36824%

6223%

10824%

12724%

7127%

36824%

9520%

10926%

F

9927%

F

6524%

36824%

14125%

22723%

Want pd profsuggestns, go along

w/mostrecommendations

CountColumn %

50233%

7929%

15434%

19135%

7930%

50233%

15633%

13633%

12835%

8130%

50233%

20036%

K

30231%

Want paid prof tototally manage

investmentsCount

Column %1208%

218%

398%E

499%E

114%

1208%

378%

287%

308%

259%

1208%

509%

697%

104


Amt of risk accepted related to assets + investments





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Must keep to absoluteminimum

CountColumn %

41527%

5922%

11826%

15429%

B

8432%

B

41527%

16235%HI

12530%HI

8122%

4617%

41527%

14326%

27228%

Some risk is acceptableCount

Column %79152%

14152%

23451%

28353%

13451%

79152%

23651%

20750%

21258%

G

13750%

79152%

30355%

48950%

Moderate amt isacceptable

CountColumn %

29820%

6022%

9721%

10019%

4116%

29820%

6414%

8019%

F

7320%

F

8230%FGH

29820%

10118%

19720%

Reasonably high riskCount

Column %201%

104%DE

72%D

10%

21%

201%

31%

51%

31%

93%FH

201%

82%

111%

105


Portion of hhd assets in: Stocks





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,453 256 435 513 248 1,453 450 399 349 254 1,453 529 924


NoneCount

Column %35024%

6124%

10524%

12124%

6325%

35024%

13530%HI

11930%HI

6719%

I

2912%

35024%

12925%

22024%

1% to 24%Count

Column %50635%

9035%

14634%

17935%

9137%

50635%

14532%

12732%

13639%

G

9839%

50635%

17834%

32835%

25% to 49%Count

Column %26318%

4016%

8520%

9619%

4217%

26318%

6915%

6316%

7923%FG

5221%

26318%

9618%

16818%

50% to 74%Count

Column %14710%

3212%

4410%

469%

2510%

14710%

276%

4010%

F

3510%

F

4618%FGH

14710%

5010%

9710%

75% to 99%Count

Column %443%

73%

143%

153%

73%

443%

112%

82%

41%

208%FGH

443%

183%

253%

100%Count

Column %8

1%2

1%2

1%3

1%1

1%8

1%6

1%G

00%

20%

10%

81%

41%

40%

Don't KnowCount

Column %1359%

2510%

399%

5310%

187%

1359%

5612%HI

4411%

I

278%

I

83%

1359%

5210%

829%

106


Portion of hhd assets in: Bonds





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,453 256 435 513 248 1,453 450 399 349 254 1,453 529 924


NoneCount

Column %60342%

11946%

16939%

20139%

11446%

60342%

23252%HI

18847%HI

10831%

7429%

60342%

19938%

40444%

J1% to 24%

CountColumn %

48433%

7529%

14333%

17835%

8835%

48433%

10423%

11429%

14341%FG

12348%FG

48433%

17934%

30533%

25% to 49%Count

Column %17712%

2911%

6114%

6412%

2410%

17712%

4811%

4110%

4713%

4116%FG

17712%

7414%

10311%

50% to 74%Count

Column %302%

62%

92%

102%

52%

302%

82%

51%

134%G

42%

302%

143%

162%

75% to 99%Count

Column %4

0%0

0%4

1%D

00%

00%

40%

00%

20%

00%

21%

40%

31%

20%

100%Count

Column %2

0%0

0%1

0%0

0%1

0%2

0%2

0%0

0%0

0%0

0%2

0%1

0%1

0%

Don't KnowCount

Column %15311%

2811%

4711%

6112%

E

177%

15311%

5612%

I

4912%

I

3811%

I

104%

15311%

5911%

9410%

107


Portion of hhd assets in: Mutual funds





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,453 256 435 513 248 1,453 450 399 349 254 1,453 529 924


NoneCount

Column %29520%

5220%

8219%

10120%

6124%

29520%

13229%GHI

9223%HI

4112%

3012%

29520%

10319%

19221%

1% to 24%Count

Column %41228%

6927%

12027%

15029%

7330%

41228%

10724%

10426%

10530%

F

9638%FGH

41228%

14828%

26429%

25% to 49%Count

Column %32022%

5521%

10524%

11021%

5121%

32022%

6915%

8020%

9427%FG

7831%FG

32022%

12423%

19721%

50% to 74%Count

Column %16712%

3212%

5012%

6212%

239%

16712%

429%

4611%

5415%

F

2610%

16712%

6312%

10411%

75% to 99%Count

Column %916%

146%

266%

316%

198%

916%

327%

287%

195%

125%

916%

306%

617%

100%Count

Column %201%

41%

82%

71%

21%

201%

92%

I

82%

I

31%

00%

201%

51%

152%

Don't KnowCount

Column %14810%

3012%

4510%

5310%

198%

14810%

6013%

I

4211%

I

3510%

I

114%

14810%

5611%

9110%

108


Portion of hhd assets in: Deferred annuities





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,453 256 435 513 248 1,453 450 399 349 254 1,453 529 924


NoneCount

Column %74351%

11344%

23153%

B

26652%

B

13354%

B

74351%

23252%

20852%

16648%

13654%

74351%

28153%

46250%

1% to 24%Count

Column %33723%

7630%CD

9221%

11322%

5723%

33723%

8118%

8321%

9828%FG

7529%FG

33723%

12023%

21724%

25% to 49%Count

Column %1349%

2711%

389%

469%

239%

1349%

4710%

3910%

298%

198%

1349%

408%

9410%

50% to 74%Count

Column %654%

73%

225%

245%

135%

654%

215%

195%

185%

83%

654%

224%

435%

75% to 99%Count

Column %282%

73%

72%

112%

31%

282%

112%

82%

62%

31%

282%

71%

212%

100%Count

Column %8

1%1

0%2

1%5

1%0

0%8

1%4

1%4

1%0

0%0

0%8

1%5

1%3

0%

Don't KnowCount

Column %1379%

2510%

4410%

4910%

208%

1379%

5512%

I

3810%

I

319%

135%

1379%

5410%

849%

109


Portion of hhd assets in: CDs





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,453 256 435 513 248 1,453 450 399 349 254 1,453 529 924


NoneCount

Column %60642%

11043%

18041%

22243%

9438%

60642%

19042%

16842%

14642%

10240%

60642%

23645%

37040%

1% to 24%Count

Column %52436%

9136%

16137%

18636%

8635%

52436%

15134%

12832%

13639%

10943%FG

52436%

18234%

34237%

25% to 49%Count

Column %1259%

239%

399%

347%

2912%

D

1259%

388%

379%

267%

249%

1259%

367%

8910%

50% to 74%Count

Column %604%

125%

184%

163%

135%

604%

143%

215%

185%

83%

604%

224%

384%

75% to 99%Count

Column %332%

42%

72%

153%

73%

332%

133%

102%

51%

52%

332%

112%

222%

100%Count

Column %121%

00%

20%

51%

52%B

121%

72%H

51%

00%

00%

121%

71%

51%

Don't KnowCount

Column %936%

166%

297%

357%

135%

936%

368%

I

318%

I

206%

73%

936%

357%

586%

110


Portion of hhd assets in: Second home





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,453 256 435 513 248 1,453 450 399 349 254 1,453 529 924


NoneCount

Column %1,11677%

18472%

33677%

39978%

19779%

B

1,11677%

37283%HI

31278%

I

25874%

17569%

1,11677%

40276%

71477%

1% to 24%Count

Column %16711%

3714%

5412%

5110%

2510%

16711%

266%

349%

5315%FG

5421%FGH

16711%

5711%

10912%

25% to 49%Count

Column %765%

135%

215%

286%

146%

765%

215%

205%

175%

187%

765%

316%

455%

50% to 74%Count

Column %201%

52%

41%

92%

21%

201%

31%

82%

72%

21%

201%

71%

141%

75% to 99%Count

Column %1

0%0

0%0

0%1

0%0

0%1

0%0

0%1

0%0

0%0

0%1

0%0

0%1

0%

100%Count

Column %1

0%1

0%0

0%0

0%0

0%1

0%1

0%0

0%0

0%0

0%1

0%0

0%1

0%

Don't KnowCount

Column %715%

166%

205%

255%

104%

715%

276%

I

256%

I

154%

42%

715%

316%

404%

111


Portion of hhd assets in: Other





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,453 256 435 513 248 1,453 450 399 349 254 1,453 529 924


NoneCount

Column %1,06974%

19174%

31973%

37874%

18273%

1,06974%

32472%

29073%

25573%

20179%

F

1,06974%

38272%

68874%

1% to 24%Count

Column %13910%

198%

409%

469%

3414%BD

13910%

327%

4110%

3811%

2912%

F

13910%

509%

9010%

25% to 49%Count

Column %373%

21%

82%

224%BC

52%

373%

92%

133%

103%

52%

373%

132%

243%

50% to 74%Count

Column %332%

42%

174%E

102%

21%

332%

164%H

113%

31%

31%

332%

82%

253%

75% to 99%Count

Column %181%

83%D

51%

20%

41%

181%

92%

31%

41%

21%

181%

92%

91%

100%Count

Column %3

0%0

0%1

0%2

0%1

0%3

0%2

0%1

0%1

0%0

0%3

0%2

0%1

0%

Don't KnowCount

Column %15311%

3212%

4611%

5511%

218%

15311%

6013%

I

4110%

I

3811%

I

146%

15311%

6512%

8910%

112


Problems while investing: Market fluctuation (rate of return)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,26383%

22684%

36780%

44282%

22888%CD

1,26383%

39184%

33981%

30282%

23184%

1,26383%

46383%

80083%

YesCount

Column %26117%

4416%

9020%

E

9618%

E

3212%

26117%

7416%

7819%

6718%

4316%

26117%

9217%

16917%

113


Problems while investing: Economy, cost of living, inflation





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,45996%

25093%

43996%

B

52097%

B

25096%

1,45996%

44496%

39093%

35997%

G

26697%

G

1,45996%

53095%

92996%

YesCount

Column %654%

197%CD

174%

183%

104%

654%

214%

277%HI

103%

83%

654%

255%

404%

114


Problems while investing: Low interest rates





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,44795%

25595%

43796%

51195%

24393%

1,44795%

44195%

40096%

I

35396%

25392%

1,44795%

52695%

92195%

YesCount

Column %775%

145%

194%

265%

177%

775%

245%

174%

154%

218%G

775%

295%

485%

115


Problems while investing: Issues with brokers, advisors, fees charged





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,45996%

25896%

43695%

51696%

24996%

1,45996%

44896%

39795%

34794%

26697%

1,45996%

52795%

93296%

YesCount

Column %654%

114%

215%

224%

124%

654%

174%

205%

216%

83%

654%

285%

374%

116


Problems while investing: Lack knowledge for dec making, time to manage





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,45395%

26498%CDE

43595%

51295%

24193%

1,45395%

44195%

40096%

35396%

25894%

1,45395%

53496%

91895%

YesCount

Column %715%

52%

225%B

265%B

197%B

715%

235%

174%

164%

156%

715%

214%

515%

117


Problems while investing: Made bad investment choices, lost/losing $





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,48197%

25795%

44798%

52497%

25498%

1,48197%

44896%

40998%

35797%

26898%

1,48197%

53697%

94598%

YesCount

Column %433%

135%

102%

143%

62%

433%

164%

82%

123%

62%

433%

193%

242%

118


Problems while investing: Tax/capital gain issues





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,49898%

26899%

44898%

52898%

25498%

1,49898%

46199%

I

41299%

I

36398%

I

26296%

1,49898%

54398%

95599%

YesCount

Column %262%

21%

82%

102%

62%

262%

41%

51%

62%

124%FGH

262%

122%

141%

119


Problems while investing: No problems





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

64742%

11844%

19944%

21941%

11042%

64742%

19542%

18344%

15041%

11943%

64742%

24244%

40542%

YesCount

Column %87758%

15156%

25856%

31859%

15058%

87758%

27058%

23456%

21959%

15557%

87758%

31356%

56558%

120


Problems while investing: No problems use advisor





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,50599%

268100%

45499%

52798%

25698%

1,50599%

45297%

41599%

F

36799%

F

27299%

1,50599%

54598%

96099%

YesCount

Column %191%

10%

31%

112%

52%

191%

133%GH

21%

21%

21%

191%

102%

91%

121


Had empl-spon plan when retired?- Could rec inc but not lump-sum amt





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,11873%

20174%

35578%DE

38371%

17969%

1,11873%

33171%

29471%

28778%FG

20675%

1,11873%

48888%

K

63065%

YesCount

Column %40627%

6926%

10222%

15429%

C

8131%

C

40627%

13429%

H

12229%

H

8222%

6825%

40627%

6712%

33935%

J

122


Had empl-spon plan when retired?- Could rec lump-sum amt but not income





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,35989%

23085%

40589%

48791%

B

23791%

B

1,35989%

41489%

38292%

I

32688%

23686%

1,35989%

47285%

88892%

JYes

CountColumn %

16511%

4015%DE

5211%

509%

239%

16511%

5111%

348%

4212%

3714%

G

16511%

8315%

K

828%

123


Had empl-spon plan when retired?- Could rec inc or lump-sum amt





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %96163%

17063%

26959%

34765%

17567%

C

96163%

31167%

H

26864%

21659%

16661%

96163%

38068%

K

58160%

YesCount

Column %56337%

10037%

18841%

E

19135%

8533%

56337%

15433%

14936%

15341%

F

10839%

56337%

17532%

38840%

J

124


Had empl-spon plan when retired?- No plan





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,09472%

20074%

33573%

37971%

17969%

1,09472%

33171%

29471%

26973%

19973%

1,09472%

31557%

77980%

JYes

CountColumn %

43028%

6926%

12227%

15929%

8131%

43028%

13329%

12229%

10027%

7527%

43028%

24043%

K

19020%

125


Had e-spon plan and did: Took withdrawals when needed





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,089 200 334 377 178 1,089 331 292 267 199 1,089 314 775


NoCount

Column %1,01093%

17990%

30993%

35995%

B

16291%

1,01093%

29890%

27895%FH

24491%

18995%

F

1,01093%

29293%

71893%

YesCount

Column %797%

2010%

D

257%

195%

169%

797%

3410%GI

135%

239%G

105%

797%

227%

577%

126


Had e-spon plan and did: Took regular withdrawals





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,089 200 334 377 178 1,089 331 292 267 199 1,089 314 775


NoCount

Column %72667%

15678%CDE

22868%

23261%

11062%

72667%

21164%

19366%

18670%

13568%

72667%

24779%

K

47962%

YesCount

Column %36333%

4422%

10632%

B

14639%

B

6838%

B

36333%

12036%

9934%

8130%

6432%

36333%

6721%

29738%

J

127


Had e-spon plan and did: Did not take any withdrawals





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,089 200 334 377 178 1,089 331 292 267 199 1,089 314 775


NoCount

Column %80174%

11658%

24373%

B

29378%

B

14984%BC

80174%

25878%

I

21172%

19272%

13970%

80174%

23073%

57074%

YesCount

Column %28826%

8442%CDE

9127%

E

8522%

2916%

28826%

7322%

8128%

7528%

6030%

F

28826%

8327%

20526%

128


Had e-spon plan and did: Converted PART to guarantee lifetime income





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,089 183 323 391 192 1,089 355 315 257 162 1,089 321 768No

CountColumn %

1,04196%

19095%

32096%

35795%

17397%

1,04196%

31896%

27494%

25796%

19296%

1,04196%

30396%

73895%

YesCount

Column %484%

95%

144%

205%

53%

484%

134%

186%

104%

74%

484%

114%

375%

129


Had e-spon plan and did: Converted ALL to guarantee lifetime income





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,089 183 323 391 192 1,089 355 315 257 162 1,089 321 768No

CountColumn %

87680%

15779%

27081%

30681%

14280%

87680%

26279%

23480%

21279%

16884%

87680%

24678%

62981%

YesCount

Column %21320%

4221%

6419%

7119%

3620%

21320%

7021%

5820%

5521%

3116%

21320%

6822%

14619%

130


Prior to retiring, did finl adv help with withdrawal from e-spon ret plan?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,094 200 335 379 179 1,094 331 294 269 199 1,094 315 779


NoCount

Column %72266%

13668%

21063%

25367%

12369%

72266%

22668%

18161%

18870%

G

12764%

72266%

18057%

54270%

JYes

CountColumn %

37134%

6432%

12537%

12633%

5631%

37134%

10532%

11339%

H

8130%

7236%

37134%

13543%

K

23730%

131


Estimated how many years assets + investmnts MIGHT last in retirement?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %43529%

8130%

11325%

14827%

9336%CD

43529%

18239%GHI

11928%HI

8122%

5319%

43529%

17431%

26127%

YesCount

Column %93862%

16561%

E

30667%

E

33061%

E

13652%

93862%

22248%

26363%

F

25870%FG

19571%FG

93862%

32358%

61563%

JNever thought about it

CountColumn %

15110%

239%

378%

6011%

3112%

15110%

6013%GH

358%

308%

269%

15110%

5811%

9310%

132


# of add'l years you assume money NEEDS to last





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Less than 5 yearsCount

Column %2

0%0

0%0

0%0

0%2

1%2

0%2

0%0

0%0

0%0

0%2

0%0

0%2

0%

5 to 9 yearsCount

Column %352%

62%

82%

122%

104%

352%

174%HI

123%

41%

21%

352%

204%K

141%

10 to 14 yearsCount

Column %1057%

41%

204%

428%BC

3915%BCD

1057%

4510%HI

358%

I

195%

62%

1057%

499%K

556%

15 to 19 yearsCount

Column %17912%

218%

388%

6913%BC

5220%BCD

17912%

7516%HI

5212%

I

4011%

I

124%

17912%

7814%

K

10110%

20 to 24 yearsCount

Column %38725%

5119%

12026%

B

16230%BE

5421%

38725%

11625%

10626%

10127%

6323%

38725%

13925%

24826%

25 or more yearsCount

Column %60640%

14654%DE

21848%DE

18434%

E

5822%

60640%

11525%

15437%

F

16846%FG

16962%FGH

60640%

18934%

41743%

JHave not figured out #

yearsCount

Column %21114%

4216%

5412%

7013%

4517%

C

21114%

9420%GHI

5914%

I

3710%

218%

21114%

7814%

13314%

133


Arrived at # Years Assets NEED to Last: Assessed my/spouse health situation





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,276 220 394 453 209 1,276 366 343 320 246 1,276 470 806


NoCount

Column %52341%

8739%

16742%

18541%

8440%

52341%

16044%

14241%

12639%

9539%

52341%

21546%

K

30838%

YesCount

Column %75359%

13361%

22758%

26759%

12660%

75359%

20656%

20259%

19461%

15161%

75359%

25554%

49862%

J

134


Arrived at # Years Assets NEED to Last: Based it on my/spouse family history





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,276 220 394 453 209 1,276 366 343 320 246 1,276 470 806


NoCount

Column %56144%

10347%

17444%

18942%

9545%

56144%

18049%

G

13941%

14044%

10242%

56144%

24452%

K

31739%

YesCount

Column %71556%

11753%

22056%

26358%

11455%

71556%

18651%

20459%

F

18156%

14458%

71556%

22648%

48961%

J

135


Arrived at # Years Assets NEED to Last: Took a guess





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,276 220 394 453 209 1,276 366 343 320 246 1,276 470 806


NoCount

Column %1,01179%

17479%

31480%

35478%

16981%

1,01179%

26472%

28082%

F

26081%

F

20684%

F

1,01179%

36979%

64180%

YesCount

Column %26521%

4621%

8020%

9922%

4019%

26521%

10228%GHI

6318%

6119%

4016%

26521%

10121%

16420%

136


Arrived at # Years Assets NEED to Last: Looked up expected age someone my/spouse age should live to





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,276 220 394 453 209 1,276 366 343 320 246 1,276 470 806


NoCount

Column %83866%

12557%

27069%

B

31169%

B

13263%

83866%

27074%HI

23368%

I

19862%

13755%

83866%

31767%

52165%

YesCount

Column %43834%

9543%CD

12431%

14231%

7837%

43834%

9626%

11132%

12238%

F

11045%FG

43834%

15333%

28535%

137


Arrived at # Years Assets NEED to Last: Advisor suggested age to base calculations





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,276 220 394 453 209 1,276 366 343 320 246 1,276 470 806


NoCount

Column %1,05182%

17680%

31079%

37482%

19292%BCD

1,05182%

31686%

I

28583%

25981%

19178%

1,05182%

37680%

67584%

YesCount

Column %22518%

4420%

E

8421%

E

7918%

E

188%

22518%

5014%

5917%

6119%

5522%

F

22518%

9420%

13116%

138


Other





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,271 204 381 463 223 1,271 394 369 309 199 1,271 480 791No

CountColumn %

1,272100%

21999%

392100%

452100%

209100%

1,272100%

366100%

343100%

320100%

24499%

1,272100%

46899%

804100%

YesCount

Column %4

0%2

1%2

0%1

0%0

0%4

0%0

0%1

0%1

0%2

1%4

0%2

1%2

0%

139


How are you spending your money in retirement... budget wise





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


On strict budgetCount

Column %574%

176%DE

174%

153%

73%

574%

306%HI

184%HI

62%

31%

574%

295%K

283%

Cover basic needs, exp+ some extras

CountColumn %

88258%

17063%DE

28863%DE

30056%

E

12548%

88258%

34374%GHI

25962%HI

19954%

I

8130%

88258%

34262%

K

54056%

Spend money onwhatever I want

CountColumn %

58538%

8231%

15233%

22341%BC

12849%BCD

58538%

9220%

14034%

F

16444%FG

19069%FGH

58538%

18433%

40141%

J

140


Since retiring, have established plan- w/drawing funds saved on own





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %82054%

14755%

27260%DE

27752%

12347%

82054%

26357%

H

21952%

18249%

15557%

82054%

29453%

52554%

YesCount

Column %70446%

12245%

18540%

26048%

C

13853%

C

70446%

20143%

19848%

18751%

F

11843%

70446%

26047%

44446%

141


Since retiring, have established plan- minimizing taxes by ordering w/drawals





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %72848%

14755%DE

24754%DE

24145%

E

9236%

72848%

25354%HI

20850%HI

15442%

11442%

72848%

26848%

46047%

YesCount

Column %79652%

12245%

21046%

29655%BC

16864%BCD

79652%

21246%

20950%

21558%FG

16058%FG

79652%

28652%

50953%

142


Covering hlth care risk: Continue under former employers coverage





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %78652%

10840%

20545%

32460%BC

14957%BC

78652%

24553%

21050%

19854%

13449%

78652%

41074%

K

37639%

YesCount

Column %73848%

16260%DE

25255%DE

21340%

11143%

73848%

22047%

20750%

17146%

14051%

73848%

14526%

59361%

J

143


Covering hlth care risk: Purchased ind health ins policy





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,34288%

22884%

38785%

48891%BC

23992%BC

1,34288%

41489%

36888%

32488%

23686%

1,34288%

45883%

88491%

JYes

CountColumn %

18212%

4216%DE

7015%DE

499%

218%

18212%

5011%

4912%

4512%

3814%

18212%

9717%

K

859%

144


Covering hlth care risk: Joined spouse's health ins plan





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,30385%

22383%

36380%

48089%BC

23691%BC

1,30385%

39485%

36287%

31385%

23485%

1,30385%

47085%

83386%

YesCount

Column %22115%

4617%DE

9320%DE

5811%

249%

22115%

7015%

5513%

5615%

4015%

22115%

8515%

13714%

145


Covering hlth care risk: Covered by Medicare Parts A and/or B





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %75650%

23989%DE

38384%DE

9718%

3714%

75650%

21747%

21050%

17949%

14954%

F

75650%

26548%

49151%

YesCount

Column %76850%

3111%

7416%

44182%BC

22386%BC

76850%

24753%

I

20650%

18951%

12546%

76850%

29052%

47849%

146


Covering hlth care risk: Covered by Medicare Part D





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,25883%

25996%DE

43395%DE

38672%

18069%

1,25883%

38382%

33781%

29981%

24088%GH

1,25883%

42176%

83886%

JYes

CountColumn %

26617%

104%

245%

15128%BC

8031%BC

26617%

8218%

8019%

I

7019%

I

3412%

26617%

13424%

K

13214%

147


Covering hlth care risk: Covered by Medicare Advantage Plan





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,41393%

268100%

DE

45399%DE

45484%

23891%

D

1,41393%

43794%

38392%

34092%

25493%

1,41393%

51092%

90393%

YesCount

Column %1117%

10%

31%

8416%BCE

229%BC

1117%

286%

348%

298%

207%

1117%

458%

667%

148


Covering hlth care risk: Purchased a Medicare Supplement ins policy





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,28084%

26297%DE

44197%DE

39373%

18370%

1,28084%

39485%

35084%

30884%

22883%

1,28084%

43078%

85088%

JYes

CountColumn %

24416%

83%

153%

14527%BC

7730%BC

24416%

7115%

6716%

6116%

4617%

24416%

12522%

K

12012%

149


Covering hlth care risk: Covered by COBRA





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,50799%

26598%

44798%

536100%

BC

259100%

1,50799%

45999%

41499%

36399%

27199%

1,50799%

54899%

95999%

YesCount

Column %171%

52%D

102%D

20%

10%

171%

61%

31%

51%

21%

171%

71%

101%

150


Covering hlth care risk: Participte in grp policy from prof organ membership





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,46196%

25795%

43495%

51596%

25598%

1,46196%

44796%

40096%

34995%

26597%

1,46196%

53997%

92295%

YesCount

Column %634%

135%

225%

234%

62%

634%

184%

164%

205%

83%

634%

163%

475%

151


Covering hlth care risk: Do not have, pay for own health care expense





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,49998%

25996%

44597%

537100%

BC

25899%

B

1,49998%

45899%

40998%

36399%

27098%

1,49998%

53697%

96399%

JYes

CountColumn %

252%

104%DE

123%D

10%

21%

252%

71%

82%

51%

42%

252%

193%K

61%

152


If need LTC, how pay: Personal savings





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %87658%

16762%

26658%

29755%

14756%

87658%

30967%HI

26062%HI

19753%

I

11140%

87658%

34462%

K

53255%

YesCount

Column %64842%

10238%

19142%

24145%

11444%

64842%

15533%

15738%

17247%FG

16360%FGH

64842%

21038%

43745%

J

153


If need LTC, how pay: Private LTC policy





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,03368%

19372%

30868%

35967%

17366%

1,03368%

34073%HI

29069%

H

22862%

17564%

1,03368%

41675%

K

61864%

YesCount

Column %49132%

7628%

14832%

17933%

8734%

49132%

12427%

12731%

14038%FG

9936%

F

49132%

13925%

35236%

J

154


If need LTC, how pay: Spend down inv assets, then Medicaid





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,20479%

21580%

36179%

42178%

20779%

1,20479%

35777%

31375%

30683%FG

22883%FG

1,20479%

44380%

76179%

YesCount

Column %32021%

5420%

9521%

11722%

5321%

32021%

10823%HI

10425%HI

6317%

4617%

32021%

11220%

20821%

155


If need LTC, how pay: Sell home and use proceeds





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,29885%

23888%

39286%

44883%

22185%

1,29885%

38583%

34783%

32087%

24590%FG

1,29885%

46884%

83086%

YesCount

Column %22615%

3212%

6514%

9017%

3915%

22615%

8017%

I

6917%

I

4913%

2910%

22615%

8716%

13914%

156


If need LTC, how pay: Access home equity line of credit





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,39992%

24892%

42192%

48991%

23992%

1,39992%

42191%

37991%

34092%

25894%

1,39992%

50391%

89592%

YesCount

Column %1258%

218%

358%

489%

218%

1258%

439%

379%

288%

166%

1258%

529%

748%

157


If need LTC, how pay: Medicare would take care of it





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,27684%

22784%

38584%

45284%

21282%

1,27684%

36278%

34583%

32989%FG

23987%

F

1,27684%

46383%

81384%

YesCount

Column %24816%

4316%

7216%

8616%

4818%

24816%

10322%HI

7217%

H

4011%

3513%

24816%

9217%

15716%

158


If need LTC, how pay: Expect family members to help pay expenses





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959No

CountColumn %

1,49198%

26699%

44898%

52297%

25698%

1,49198%

45498%

40898%

36098%

26898%

1,49198%

54298%

94898%

YesCount

Column %332%

41%

92%

163%

42%

332%

102%

92%

82%

62%

332%

122%

212%

159


If need LTC, how pay: Have not thought about it





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %1,29785%

21881%

37983%

46587%

B

23590%BC

1,29785%

37180%

34783%

32388%

F

25593%FGH

1,29785%

44680%

85088%

JYes

CountColumn %

22715%

5119%DE

7817%

E

7213%

2610%

22715%

9320%HI

7017%

I

4612%

I

187%

22715%

10820%

K

11912%

160


Expect LTC policy to pay: Have you already purchased LTC?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 491 76 148 179 87 491 124 127 140 99 491 139 352


NoCount

Column %48

10%11

15%DE

2517%DE

116%

11%

4810%

1613%

H

1713%

H

64%

99%

4810%

118%

3710%

YesCount

Column %44390%

6585%

12483%

16894%BC

8699%BC

44390%

10887%

11087%

13596%FG

9091%

44390%

12892%

31590%

161


Feel are receiving enough income to cover basic expenses





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %68845%

13048%

E

20244%

25748%

E

9838%

68845%

20644%

17241%

17948%

G

13248%

68845%

33460%

K

35336%

YesCount

Column %83655%

13952%

25556%

28052%

16262%BD

83655%

25956%

24559%

H

19052%

14252%

83655%

22040%

61664%

J

162


[If not enough inc] How interested in converting $ into guar lifetime income?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 682 121 198 261 102 682 212 192 169 109 682 329 353Very interested

CountColumn %

304%

107%

84%

125%

22%

304%

115%

63%

84%

64%

304%

185%

134%

Somewhat interestedCount

Column %17325%

4131%

E

5527%

E

6124%

1616%

17325%

6230%

I

4627%

I

4324%

2116%

17325%

8024%

9326%

Not too interestedCount

Column %25437%

4635%

7537%

9637%

3838%

25437%

6934%

6437%

6938%

5240%

25437%

12136%

13438%

Not at all interestedCount

Column %23033%

3426%

6432%

8834%

4344%BC

23033%

6331%

5532%

5933%

5340%

23033%

11635%

11432%

163


Own your primary residence





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoCount

Column %564%

83%

194%

153%

135%

564%

286%GHI

113%

103%

73%

564%

275%

293%

YesCount

Column %1,46896%

26197%

43796%

52397%

24795%

1,46896%

43794%

40697%

F

35997%

F

26797%

F

1,46896%

52895%

94097%

164


[If own residence] Value of your primary residence





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,468 261 437 523 247 1,468 437 406 359 267 1,468 528 940


Under $100,000Count

Column %1097%

156%

337%

448%

187%

1097%

5713%GHI

338%HI

154%

42%

1097%

428%

677%

$100,000 to $249,999Count

Column %56438%

11042%

16137%

19337%

10040%

56438%

23353%GHI

17543%HI

11733%

I

3915%

56438%

21641%

34837%

$250,000 to $499,999Count

Column %49734%

7629%

15736%

18235%

8233%

49734%

11125%

14335%

F

15042%

F

9335%

F

49734%

16131%

33636%

J$500,000 to $999,999

CountColumn %

23716%

4718%

6715%

8416%

3916%

23716%

327%

5012%

F

6418%FG

9134%FGH

23716%

8216%

15516%

$1,000,000 to$1,999,999

CountColumn %

403%

83%

133%

132%

73%

403%

21%

51%

72%

2610%FGH

403%

194%

212%

$2,000,000 or moreCount

Column %211%

52%

61%

82%

21%

211%

20%

00%

62%G

135%FGH

211%

81%

141%

165


[If own residence] Have 1st/2nd mortgage and/or home equity loan(s)





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

*Sample Size 1,468 261 437 523 247 1,468 437 406 359 267 1,468 528 940


NoCount

Column %85558%

12949%

23053%

32662%BC

17069%BC

85558%

24255%

24059%

20557%

16763%

85558%

30357%

55259%

YesCount

Column %61342%

13251%DE

20747%DE

19738%

7731%

61342%

19545%

16641%

15443%

9937%

61342%

22543%

38841%

166


[If own residence] When will you have paid off all mortgages and loans?





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)


Size 592 119 192 199 82 592 203 174 141 74 592 225 367Within next 5 years

CountColumn %

19432%

4937%

6330%

5528%

2735%

19432%

6031%

4929%

5234%

3334%

19432%

6931%

12632%

5 years or moreCount

Column %41968%

8463%

14470%

14172%

5065%

41968%

13469%

11771%

10266%

6666%

41968%

15669%

26368%

167


Education of respondent





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Less than high schoolCount

Column %6

0%0

0%1

0%2

0%3

1%6

0%4

1%1

0%1

0%1

0%6

0%4

1%2

0%

High school diplomaCount

Column %21414%

2810%

6314%

7514%

4818%

B

21414%

9520%HI

6616%HI

4011%

I

145%

21414%

9718%

K

11712%

Some collegeCount

Column %46531%

8933%

E

13630%

17533%

E

6525%

46531%

16836%HI

14334%HI

9726%

5721%

46531%

19134%

K

27428%

College degreeCount

Column %43328%

8732%

12527%

14527%

7629%

43328%

11425%

10826%

12333%FG

8832%

F

43328%

16830%

26527%

Post-graduate degreeCount

Column %40527%

6524%

13229%

14026%

6826%

40527%

8418%

10024%

F

10829%

F

11442%FGH

40527%

9517%

31032%

J

168


Current household annual INCOME





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* * *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


Under $35,000Count

Column %19713%

3613%

5913%

6813%

3513%

19713%

11324%GHI

6014%HI

216%

I

31%

19713%

11521%

K

828%

$35,000 to $49,999Count

Column %23615%

259%

7216%

B

8916%

B

5019%

B

23615%

10723%HI

8520%HI

3911%

I

52%

23615%

10118%

K

13514%

$50,000 to $74,999Count

Column %39326%

6624%

11024%

14828%

6826%

39326%

12527%

I

13633%

I

10428%

I

2710%

39326%

13224%

26027%

$75,000 to $99,999Count

Column %29920%

5621%

8519%

10319%

5621%

29920%

6815%

8019%

9526%FG

5520%

29920%

9116%

20922%

J$100,000 to $149,999

CountColumn %

27318%

5320%

8218%

9718%

4015%

27318%

439%

4611%

7921%FG

10538%FGH

27318%

6812%

20521%

J$150,000 to $249,999

CountColumn %

966%

2610%DE

368%D

234%

114%

966%

82%

92%

246%FG

5520%FGH

966%

326%

647%

$250,000 and upCount

Column %312%

83%E

123%E

112%E

00%

312%

00%

10%

72%FG

238%FGH

312%

163%

152%

169


Current household DEBT





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969


NoneCount

Column %51033%

6424%

13028%

18935%BC

12749%BCD

51033%

13028%

13633%

13236%

F

11241%FG

51033%

18033%

33034%

Under $5,000Count

Column %25817%

4918%

8018%

8716%

4216%

25817%

9921%GHI

6315%

5314%

4215%

25817%

9818%

16016%

$5,000 to $9,999Count

Column %856%

187%

296%

285%

114%

856%

286%

195%

236%

155%

856%

346%

515%

$10,000 to $19,999Count

Column %1087%

218%E

399%E

397%E

93%

1087%

409%

I

338%

I

267%

104%

1087%

407%

687%

$20,000 to $49,999Count

Column %15410%

218%

5612%

5711%

208%

15410%

5512%

I

4811%

I

3510%

166%

15410%

5410%

10010%

$50,000 to $99,999Count

Column %17411%

4416%DE

5312%

5711%

208%

17411%

5812%

I

5313%

I

4212%

218%

17411%

6011%

11512%

$100,000 to $249,999Count

Column %16111%

3111%

4710%

6111%

239%

16111%

5011%

4711%

3810%

2710%

16111%

5410%

10811%

$250,000 and upCount

Column %735%

228%DE

235%

194%

93%

735%

41%

184%F

185%F

3212%FGH

735%

356%K

384%

170


Gender of respondent





DB

Total

'55-59years'

(B)'60-64'

(C)65-70

(D)71-75

(E) Total

$100-$249.9K

(F)

$250-$499.9K

(G)

$500-$999.9K

(H)$1M+

(I) TotalNo(J)

Yes(K)

* *Sample Size 1,524 269 457 538 260 1,524 465 417 369 274 1,524 555 969

Unweighted SampleSize 1,524 251 445 550 278 1,524 500 452 351 221 1,524 565 959MaleCount

Column %83855%

13148%

25656%

B

29555%

15660%

B

83855%

22148%

22955%

F

20756%

F

18266%FGH

83855%

27249%

56658%

JFemale

CountColumn %

68645%

13952%CE

20044%

24345%

10440%

68645%

24452%GHI

18845%

I

16244%

I

9234%

68645%

28351%

K

40342%

171

society of actuaries · 2011-11-03 · table of contents uncategorized variables page variable 8...

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