Americans who own an annuity are more confident in their retirement plans. Courtesy of LIMRA
Year after year, Secure Retirement Institute research shows that pre-retirees’ and retirees’ top concern is running out of money in retirement.
The latest SRI data suggests that retirees who own an annuity are more confident than non-owners that their savings and investments will not run out if they live to age 90 (69% versus 44%).An annuity can create a lifetime income stream, mitigating the potential longevity and market risks consumers may face in retirement. This lifetime income can supplement other sources of retirement income, such […]
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