People
People

The impact of

inflation on
Next Gen Retirees

2022 Investor Study Result

Inflation is changing the way people are thinking about retirement. How can you connect with next gen retirees on the unique issues they’re facing? Let us show you...

What they’ve recently experienced.

What they expect going forward.
What they want from a retirement plan.

And where you can make the difference.

What they’ve experienced

87%

of next gen retirees have recently experienced “sticker shock” when purchasing items like groceries, meals out in restaurants, travel, and more.

Searching for a solution

99%

say protection of assets (limiting downside risk) while growing (still providing upside benefits) is important.

What they’re expecting

Next gen retirees are split on their outlook for the

2022 economy.

41%
are optimistic

19%
are neutral

40%
are pessimistic

Coin

57%

believe inflation will get

higher in 2022

27%

say it will stay where it is

The majority believe high prices will last for the year.

Many worry about maintaining a

stable income stream in retirement

Rising

inflation

Low

interest

rates

Over 60% believe low interest rates and rising inflation make it harder to create retirement income to last a lifetime.

Almost 70% are concerned they won’t be able to live comfortably in retirement.

What they want from a

retirement plan

Guaranteed monthly income

96%

believe guaranteed monthly income (protected income) in retirement is important — that’s nearly everyone!

Limit downside risk/provide growth potential

94%

say they would be interested in an investment product that could limit downside risk while still providing some growth potential.