RNCOS Releases a New Report - Retirement Solutions Market in US

Released on: September 23, 2008, 3:49 am

Press Release Author: Shushmul Maheshwari

Industry: Financial

Press Release Summary: RNCOS has recently added a new Market Research Report titled,
"Retirement Solutions Market in US" to its report gallery. The report highlights the
growth opportunities in retirement savings market in US.

Press Release Body: RNCOS has recently added a new Market Research Report titled,
"Retirement Solutions Market in US" to its report gallery. As per the report,
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 approx 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 released
its new report. 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.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today's globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM106.htm
Current Industry News: http://www.rncos.com/Blog/

Web Site: http://www.rncos.com/

Contact Details: 29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
91-11-4214-1228
info@rncos.com

http://www.rncos.com/

press@rncos.com

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