
Americans Lack Understanding of How Annuities Guarantee Lifetime Income
TIAA found that many Americans are unprepared for retirement in their 2016 Lifetime Income Survey. They have false confidence in where their retirement savings will take them and are not aware of the annuity products that could secure their financial safety in retirement. In the Plan Adviser article "Many Have Unrealistic Expectations for Retirement Savings," Karen Wittwer talked about the results of TIAA's survey of 1,000 adult Americans. They certainly aren't the first researchers to find... Read More
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