It’s been said that the only certainties in life are death and taxes. But now, as individuals are accountable for a greater share of post-work income, retirement is a third certainty that must be factored into long-term financial success.
Despite this, many respondents in our 2017 Global Survey of Individual Investors are not taking all of the steps they need to prepare, and are relying on uncertainties like receiving an inheritance in planning their retirement income funding:
- Almost half of investors include hopes for receiving an inheritance as part of their retirement funding plan.
- 44% of investors say they need professional help with taxes.
- Six in ten investors have not taken the basic planning step of creating a will.
For the full survey findings as well as guidance on key areas where investors need to take action to help achieve financial security later in life, download the complete report.