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LIMRA Predicts Retirement Income Opportunity Reaches $22 Trillion by 2020
LIMRA Link to more items from this source
Feb. 4, 2013
"In 2010, U.S. households age 55+ held $12 trillion ... Based on U.S. Census projections, the assets held by this cohort will grow to $22 trillion that they will directly invest in products for generating retirement income. The number of Americans who receive income from an employment-based pension plan is on decline, and there will be many more retirees who will have most of their retirement assets invested in retirement plans. The study estimates that almost two-thirds of these assets will be directed towards products that will generate income for them in retirement."

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