Talk about the retirement needs of Baby Boomers is rife, but the needs of women within that group may be more acute, due to longer anticipated life expectancies, lower incomes and less wealth than their male counterparts.
LIMRA International is starting a study of the particular needs of female Baby Boomers, and is now looking for study sponsors. Sponsors will be able to contribute to the design of the study and will receive an executive summary, LIMRA recommendations and a file with the study data at a reduced cost.
The project will survey 800 female Baby Boomers with household incomes of $25,000 or more through an eight-page questionnaire. Possible study topics include their financial concerns, how prepared they are for retirement, planning and advice situations, intentions for continuing to work and healthcare concerns.
Sponsors pay $14,200 if they sign up before June 4 or $15,620 if they sign up after. Non-members will pay $21,300 for the study.