Retirees That Annuitize Income Spend Twice as Much as Retirees With an Equal Amount of Non-Annuitized Savings

Retirees That Annuitize Income Spend Twice as Much as Retirees With an Equal Amount of Non-Annuitized Savings

– In Guaranteed Income: A License to Spend, 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 examine how Americans are far more likely to achieve their lifestyle […]

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