Americans Worried They’ll Mess Up Retirement Income Planning, Almost Half Fear Living Too Frugally

Americans Worried They'll Mess Up Retirement Income Planning, Almost Half Fear Living Too Frugally

New research from Allianz Life reveals significant concerns among Americans about retirement income planning. Nearly half of investors worry about how to take distributions from their retirement plans, while 44% admit they have no retirement income plan at all. These concerns are particularly timely as the “Great Retirement” begins, with approximately 13,000 Americans turning 65 daily.

Kelly LaVigne , vice president of consumer insights at Allianz Life, emphasizes that retirement readiness extends beyond asset accumulation to understanding how those assets will fund post-retirement life. Without proper planning, retirees risk making costly errors in tax management and asset drawdown […]

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.