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April 26, 2007
West LegalWorks Conference: Selling Investment Products to Seniors
Sutherland attorney Clifford Kirsch will speak on "Critical Strategies for Investment Management Professionals Selling Investment" at the West LegalWorks "Selling Investment Products to Seniors" Conference on April 26, 2007 in New York City.
As the U.S. population ages, a growing number of Americans face a grim prognosis for accumulating adequate retirement savings due to shortcomings in the pension system, a decline in personal savings and stock market losses. More than 77 million Baby Boomers are at risk of retirement income shortfall due to the reduced income replacement rate of Social Security and the decline in the number of people covered by employer-provided defined benefit plans. Going forward, some 20% of households headed by individuals between the ages of 47-64 are projected to find themselves with retirement incomes below the poverty level.
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