Research reveals mental health, enjoyment, and financial security as top benefits of guaranteed income in retirement.
– August 2, 2024 —
An Australian first study from Macquarie University’s School of Psychological Sciences has revealed mental health, enjoyment, and financial security are key benefits to incorporating guaranteed income and annuities into retirement plans.Partnering with Challenger, Australia’s largest retirement income provider, the study focused on ~1000 Challenger customers aged over 60.Two-thirds of respondents proactively chose to enter retirement (either partially or fully), with ‘financial stability’, ‘enjoying retirement while health allowed’ and ‘eligibility to access super’ the lead factors in decision making.The study’s […]
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