The Case for Lifetime Income - 401K Specialist
Although retirement savings have grown, most systems still leave individuals to manage the risk of outspending or outliving their savings on their own, according to the “The Case for Lifetime Income” research paper by the Prudential/Global Aging Institute. “Retirement security is one of the most defining issues of our time, and solving for it will require collaboration across employers, financial institutions, and policymakers,” said Phil Waldeck, head of U.S. Businesses at Prudential Financial. Brian Anderson, writing for 401 (k) Specialist, outlines the report’s findings. Read Mr. Anderson’s article here…
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