Advanced Markets 2025 On Demand: The Future of Financial Security: Retirement Planning with Insurance Solutions

Despite facing various challenges, the U.S. life insurance and retirement industry holds significant growth potential. EY researchers project a staggering $240 trillion retirement savings gap and a $160 trillion protection gap by 2030. Insurers are uniquely positioned to bridge these gaps through products that provide legacy protection, tax-deferred savings growth, and guaranteed lifetime income. In this session, we will delve into the integration of insurance products within retirement plans, highlighting the increasing popularity of in-plan annuity products, to fulfill investors' needs for savings, protection, and future retirement income. Additionally, we will emphasize the importance of comprehensive and holistic financial planning and advice for clients, ensuring proactive and consistent management of their portfolios. We will present concepts, case studies, and results from multiple white-papers written by EY, i.e., The Benefits of Integrating Insurance Product in Retirement Plan (versions 1.0 and 2.0) and Protected Retirement Income Solutions.

By the end of this session learners will be able to:

• Explain the magnitude and implications of the U.S. retirement savings and protection gaps, including key projections through 2030.

• Identify how insurance products such as in-plan annuities can address the needs for income, protection, and savings within retirement planning.

• Evaluate the role of insurers in delivering tax-deferred growth, legacy protection, and guaranteed income solutions.

• Apply insights from recent EY research and case studies to support holistic and proactive financial planning for clients.

• Demonstrate how to integrate protected retirement income strategies into client portfolios to improve long-term retirement outcomes.