Three-quarters of Americans want guaranteed lifetime income, but less than half (46%) know that annuities can provide this feature, according to a new report from Jackson National Life and the Insured Retirement Institute. The report, The Language of Retirement 2017: Advisor and Consumer Attitudes Toward Securing Income in Retirement, is based on a March 2017 survey of 1,000 consumers age 25 or older with at least $10,000 in retirement savings, along with several hundred annuity owners and financial professionals.
Retirement Income Journal, "Honorable Mention" (2017). In the News. 2417.