Retirees that annuitize income spend twice as much as retirees with an equal amount of non-annuitized savings
In a new report, Retirement Income Institute Fellows David Blanchett and Michael Finke examine how Americans achieve their lifestyle goals in retirement through annuitized income. WASHINGTON, June 25, 2024 /PRNewswire/ — Retirees with assets that annuitize income spend twice as much as retirees with an equal amount of non-annuitized savings, according to a new analysis by the Alliance for Lifetime Income’s Retirement Income Institute (RII).
In their newly released study, Guaranteed Income: A License to Spend, RII Fellows David Blanchett and Michael Finke […]
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