GIFT, a digitally-enabled annuity solution expands Prudential’s suite of financial wellness capabilities
NEWARK, N.J ., April 2, 2018 – Increasing longevity has made outliving assets in retirement a concern for many Americans, with 67 percent of U.S. workers saying they fear their retirement savings won’t last, according to a 2016 Prudential report . Their concerns are well-founded: 32 percent of U.S. workers age 55+ have less than $25,000 saved for retirement, according to a 2017 survey from Employee Benefit Research Institute .
To help Americans supplement their retirement savings, Prudential Financial, Inc. ( NYSE: PRU ) has introduced its […]
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