RJ and Makay

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“Rising to Today's Challenges” is the theme of this year’s 2012 Retirement Industry Conference to be held in Orlando, Florida from April 25 to 27.  Attendees will learn about the latest industry best practices in management, operations and marketing and gain insights on how to best achieve business goals.  Top retirement industry business leaders will lead a series of workshops on this growing industry segment.

When doing retirement planning, almost half of retirees — 45% — don't account for the effects of inflation on their spending power, show the results of a survey released by the Society of Actuaries (SOA). That finding is worrisome because it suggests many retirees may run out of money faster than they thought.

The SOA survey, which included 804 adults ages 45 to 80, also showed that inflation is a much larger concern among pre-retirees, 72% of whom said their retirement plans contain an inflation assumption. Similarly, 71% were very or somewhat concerned about inflation, compared with 58% of retirees.