Seventy-three percent of people surveyed for the Guaranteed Lifetime Income Study from Greenwald & Associates and CANNEX said they view guaranteed income as a valuable addition to Social Security , up from 61% a year ago. The survey was conducted among 1,003 pre-retirees and retirees between the ages of 55 and 75 with more than $100,000 in household assets in February.
The survey found that two primary reasons why people value guaranteed income are to cover health care costs (cited by 54%) and to prevent running out of money (46%). Fifty-two percent said they view guaranteed income as a hedge […]
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