SmartAsset: Here’s a New Way to Generate Lifetime Income for Retirement Many adults approaching retirement age have little to no retirement savings. In fact, the U.S. Government Accountability Office said that almost 50% of households headed by someone aged 55 and older had no retirement savings in 2016. And as the retirement age for Social Security rises, and inflation hits wallets across the country, it’s understandable that many older adults worry about paying for their living expenses once they retire.
To help solve this issue, one fund innovator has teamed up with the world’s fourth-largest asset manager to deliver a […]
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