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Demographics and the Coming Retirement Crisis
Manage episode 345130625 series 3352848
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By 2030, all baby boomers will be over the age of 65 and will make up about 20% of the U.S. population. That means for the first time in our nation’s history, there will be more people over the age of 65 than under age 18. That poses enormous economic challenges for the country and individuals. Unfortunately, many Americans lack the resources for a comfortable retirement or skipped crucial planning steps along the way. Now, many new and soon-to-be retirees face dual threats of high inflation and market volatility. Grant Kvalheim, president of Athene talks about how financial professionals can help their clients grow their retirement savings and create guaranteed income in these challenging times.
Please note: This content is intended for financial professionals.
Guest Bio: Grant Kvalheim serves as Athene’s President and CEO of Athene USA Corporation. He is responsible for our overall strategic direction. He leads our U.S. operating companies with a focus on growing our retail annuity, flow reinsurance, and funding agreements businesses.
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