Pre-Retirees Express More Interest in Annuities

Pre-Retirees Express More Interest in Annuities

John Carroll, MBA The retirement landscape has changed dramatically over the past 30 years. Today’s retirees and those that came before them are more likely than future retirees to be better situated to enjoy financial security throughout their retirement. Later generations will not necessarily be in the same position unless they develop a holistic plan that includes mitigating risks and creating a guaranteed income stream.

Looking at those close to retirement, LIMRA research finds just 45 percent of pre-retirees feel “very prepared” for retirement. A third (33 percent) are very worried about outliving their assets in retirement. While this is […]

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