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By the numbers: Americans and retirement.


SNAPSHOT

By the Numbers: Americans and Retirement

$696        Average saved for retirement by U.S. workers
a month

30          Average age U.S. workers begin to save

58          Average age at which U.S. workers retired, but ...

25          The percentage that were forced to retire

64          Age at which working Americans expect to retire

62          Age at which they expected to retire in 2005

95          The percentage that believe Social Security is in trouble

80          The percentage of working Americans surveyed that have
            started to save for retirement

Source: Third-annual Axa Retirement Scope, Axa Equitable Life
Insurance Co.


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Darwin Darwin, city (1991 pop. 67,946), capital of the Northern Territory, N Australia, on Port Darwin, an inlet of the Timor Sea. Remotely situated on the sparsely settled north coast, Darwin had no rail connection with any of the major Australian cities until 2003, when  Group A.M. Best Company # 18679 Distribution: Wholesale brokers, large brokers, specialty retail agents

New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Life Insurance and Annuity annuity: see insurance.
annuity

Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities.
 Corp. A.M. Best Company # 09054 Distribution: Career agents, brokerage firms, independent advisers, association marketing

Prudential Prudential is the name of two different companies and buildings named after them:

Companies:
  • Prudential plc is a United Kingdom-based financial services company.
  • Prudential Financial, Inc.
 Insurance Company of America A.M. Best Company # 06974 Distribution: Career agents, independent agents and brokers, broker-dealers, banks

Lincoln Lincoln, city and district, England
Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River.
 Benefit Life Co. A.M. Best Company # 06657 Distribution: Independent agencies and brokers

For ratings and other financial strength information about these companies, visit www.ambest.com.
COPYRIGHT 2007 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:SNAPSHOT
Publication:Best's Review
Date:Mar 1, 2007
Words:183
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