Allspring Global Investments' Annual Retirement Survey Finds "Retirement Readiness Disconnect"
CHARLOTTE, N.C., Feb. 13, 2024 /PRNewswire/ -- There is a disconnect between financial advisors and retirees and near-retirees on retirement readiness, as shown by the 21st annual Allspring Global Investments retirement survey. The survey, which for the first time included advisors, found that advisors' perceptions of their clients' retirement preparedness was far less than the retired or near-retired individuals themselves.
- CHARLOTTE, N.C., Feb. 13, 2024 /PRNewswire/ -- There is a disconnect between financial advisors and retirees and near-retirees on retirement readiness, as shown by the 21st annual Allspring Global Investments retirement survey.
- The survey, which for the first time included advisors, found that advisors' perceptions of their clients' retirement preparedness was far less than the retired or near-retired individuals themselves.
- "Advisors have the experience and tools to help those in or nearing retirement get a clearer picture of what it will take to achieve financial security."
- While more than two-thirds of retirees and near-retirees see themselves as ready for retirement, that number dropped among advisors, who see only 40% of their clients as ready for retirement.