Thank you, RunningBum, for posting the link.
I am halfway through the document. Couple of observations:
1) The language used in how the data was analyzed is interesting. It is definitely slanted towards how TD Ameritrade can 'assist' retirees. Example: "Many retirees have limited household savings" yet when looking at accompanying graph-data, fully 33% have greater than $100K and 18% greater than $500K - that coupled with the SS that most are receiving, it seems to me that many are doing OK. Of course don't have 7 figure portfolio, however, the words used color the influences the message the report wishes to convey.
2) "Approximately one-third use a professional advisor" - definitely a question used to inform the progenitors of the study. To me a better, less-'loaded' question would be: "What resources do you use to assist you in managing your finances?" and then shred out from there what types of resources and how those resources are used.
3) Some questions had obvious answers or answers that should be obvious, for example, what health insurance do you use. Of course most retirees in the USA would use Medicare as I understand it is difficult not to. What I found most interesting about that question is the very low number of TRICARE users (4%). I wonder if the question was properly worded so the surveyees could understand it: TRICARE for Life as a Medicare supplement, which might necessitate a two part answer. As for 4%, I thought there were a lot more people using TRICARE, however, I grew up in that TRICARE fishbowl, so probably can't see anything outside my water.
4) I am not surprised at the answers regarding long-term care. This discussions in this BB group and Bogleheads demonstrates that question is even complex and difficult for those people who do the research, analyze the situation and make a decision.
5) The second page touts quite dramatically the 'owner' of the report. She has an interesting background and it looks like she is big into the marketing of herself
Again, thanks for the link.