Latin Americans face a big Retirement Savings Gap

Retirement is a key priority for Latin American Investors, with 67% having started saving. Yet, looking at pre-retirees (55-64) who should be putting the finishing touches on their retirement savings, there is a disconnect with savings falling short of their expectations.

The Retirement Income Gap

 

Pre-retirees still have time to close the gap by doing things like:

  • Setting (and committing to) additional annual savings targets
  • Factoring in other sources of income in retirement like public and private pension plans
  • Working with a financial professional to invest purposefully
  • Potentially delaying retirement

TAKE ACTION:

No matter what your age, retirement should be on your mind. Why? Because it's expensive, particularly considering you may be spending 20+ years there. Plan for the reality that your retirement assets need to last longer and work harder than ever. Start by preparing yourself for each stage of retirement.

Investing involves risk including loss of principal. The opinions presented are those of Kate Moore, Chief Equity Strategist, as of September 9th, 2016 and may change as subsequent conditions vary. Individual portfolio managers for BlackRock may have opinions and/or made investment decisions that may, in certain respects, not be consistent with the information contained in this presentation. This is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. The information and opinions contained in this presentation are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable, are not necessarily all inclusive and are not guaranteed as to accuracy. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the viewer.

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