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The Retirement Solutions Market in US Helps Clients to Analyse the Leading-Edge Opportunities Critical to the Success of the Market

Posted on: Tuesday, 17 June 2008, 12:00 CDT

Research and Markets (http://www.researchandmarkets.com/research/d0e289/retirement_solutio) has announced the addition of the "Retirement Solutions Market in US" report to their offering.

Americans' retirement savings market have grown substantially during the past two decades, reaching a record estimated value of US$ 17.6 Trillion in 2007, accounting for approximately 40% of all household financial assets in the US. And the performance of the retirement solutions market is expected to accelerate further in coming years as Americans look more serious about their income sources in old-age life span due to their increasing life expectancies. To throw light on the US retirement market and highlight the growth opportunities in retirement savings market, RNCOS has published its report titled ""Retirement Solutions Market in US". It covers private sector pension plans, both defined benefit and defined contribution, government pension plans, annuities (detailed analysis), and individual retirement accounts.

This report helps clients to analyze the leading-edge opportunities critical to the success of the market. Based on this analysis, the report predicts the future of the market that is intended as a rough guide to the direction in which the market is likely to move.

Key Findings

-- Defined Contribution (DC) and IRA (Individual Retirement Accounts) accounts for the majority of retirement assets in the US and are predicted to see significant growth in future.

-- Consideration for individual and group annuities is anticipated to grow at a CAGR of about 11% and 5% respectively for the period 2008 to 2012.

-- Defined Benefits (DB) and government plans assets are predicted to grow at a CAGR of about 7.75% and 9% respectively during the forecast period.

-- Improving life expectancies and mortality rates are the main driving factors of the retirement solutions markets in the US.

-- US retirement solutions market offers huge scope for IT solution providers to improve their existing level of operating efficiency.

-- Underestimating life expectancy, overlooking rising health care costs and retirees assumption that they can work are some of the main roadblocks for the market.

Key Issues & Facts Analyzed

-- What are the various types of retirement solutions available in the US?

-- What factors are driving the retirement solutions market in the country?

-- How is the market performing currently and how it will perform in coming years?

-- Which is the fastest growing product in retirement solutions market?

-- Which factors are hampering the growth of the retirement solutions market?

-- What are other markets which would be benefited by growth in retirement solutions market?

Research Methodology Used

Information Sources

-- Information has been sourced from books, newspapers, trade journals, and white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to more than 3000 paid databases.

Analysis Methods

-- The analysis method includes ratio analysis, historical trend analysis, and linear regression analysis using software tools, judgmental forecasting and cause and effect analysis.

CONTENTS: 1. Analyst View 2. US Retirement Solutions Market - An Overview 3. Attractants for US Retirement Solutions Market 3.1 Mortality Pulse 3.2 Life Expectancy 3.3 Old-age Population 3.4 Healthcare Cost 4. Market Performance 4.1 Individual Retirement Accounts 4.1.1 Traditional Plans 4.1.2 SEP & SAR-SEP Plans 4.1.3 Roth Plans 4.1.4 SIMPLE Plans 4.2 Defined Contribution Plans 4.2.1 401(k) Plans 4.2.2 403(b) Plans & 457 Plans 4.2.3 Others 4.3 Private Defined Benefit Plans 4.4 Government Pension Plans 4.5 Annuities 4.5.1 Individual Annuities 4.5.2 Group Annuities 4.5.3 Supplementary Contracts 4.5.4 Performance - By State 4.5.5 Performance - By Company 5. Future Outlook 5.1 Individual Retirement Accounts 5.2 Private Defined Benefit Plans 5.3 Defined Contribution Plans 5.4 Government Pension Plans 5.5 Annuities 5.5.1 Individual Annuities 5.5.2 Group Annuities 5.5.3 Supplementary Contracts 6. Growth Prospects 6.1 IT Market 6.2 Long-term Care Insurance 6.3 Investment Bankers & AMCs 6.4 Advertising Media 6.5 Employment 7. Growth Blockers 7.1 Underestimating Life Expectancy 7.2 Healthcare Cost 7.3 Retirees' Assumption that They Can Work TABLES AND FIGURES ALSO INCLUDED

For more information visit http://www.researchandmarkets.com/research/d0e289/retirement_solutio

Source: Business Wire

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