Two weeks ago, the Insured Retirement Institute reported that even members of Generation X who have financial advisors may be getting less information than they want about personal protection insurance.
Now, IRI has published another batch of survey data that suggests that baby boomers with financial advisors may be suffering from a similar insurance advice deficit.
IRI analysts have based the new report on results from an online survey of 806 U.S. residents ages 55 to 71.
The analysts found that 27% of the survey participants had talked to a financial professional of some kind about retirement planning.