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 […]
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