10.07.25

Rising Doubt in Retirement Timing Forces Advisors To Retool Strategies for Client Lifetime Income

by: Steve Randall

A new TIAA survey finds two-thirds of Americans doubt they will retire on time, with only 37% believing retiring between ages 65 and 70 is realistic. Financial insecurity is widespread: 30% aren’t confident they can cover daily expenses, one in five aren’t saving at all and 24% expect to work past retirement to meet basic needs. Despite interest in guaranteed income — 92% want streams beyond Social Security — many lack knowledge about annuities, with 64% open to them but a quarter uncertain.

Read the full article on InvestmentNews