09.20.22
Retirement Income Planning? What's That?
by: Allison Bell
A survey from Kiplinger’s Personal Finance and Athene found about 35 percent of retired participants said they had no set plan for deciding how to withdraw money from retirement savings. They said they withdraw whatever money they need. Another 16 percent of the retirees surveyed said they weren’t sure what they do about retirement income. Twenty-two percent of the retired survey participants said they were getting at least some income from annuities. About 39 percent of the retired participants with annuity income were getting 20 percent or more of their income from annuities.
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