Bank of America Merrill Lynch Head of Retirement and Personal Wealth Solutions David Tyrie will participate in a panel discussion at the Bloomberg Longevity Economy Conference today in New York. The conference features retirement industry and longevity experts, along with forward-thinking corporate leaders, who will discuss the opportunities, challenges and economic impact of longer life expectancies.
Tyrie’s panel discussion is titled “Planning Ahead” and will focus on current and emerging solutions and resources needed to help people prepare for a retirement that could be many years longer than any previous generation. According to a 2013 Merrill Lynch Retirement Study, conducted in partnership with Age Wave, most people are excited about the longevity bonus, and see it as a chance to explore new options, pursue old dreams and live life to the fullest. However, many have concerns and feel insecure about their ability to support and successfully manage a long, complex and ever-changing retirement.
“We are committed to helping people live their best lives in retirement by focusing on guidance that not only gets them to retirement, but also through retirement,” said Tyrie. “This means helping individuals and couples carefully consider nearly all aspects of life when planning for and living in retirement, including finances, healthcare costs, family, giving, home, work and leisure. Where guidance is needed most is helping people understand how all of these variables and decisions work together over time, and when course corrections may be needed.”
For more information on the Bloomberg Longevity Economy Conference, please visit http://www.bloomberglink.com/event/longevity/.Bank of AmericaBank of America is one of the world's largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. We serve approximately 51 million consumer and small business relationships with approximately 5,300 retail banking offices and approximately 16,350 ATMs and award-winning online banking with 30 million active users and more than 13 million mobile users. Bank of America is among the world's leading wealth management companies and is a global leader in corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business owners through a suite of innovative, easy-to-use online products and services. The company serves clients through operations in more than 40 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.