Retirement Planning

“Failure to Annuitize Assets Increases Risk” Boston College Center for Retirement Research

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Scott interviews Anthony Webb, Research Economist at Boston College’s Center for Retirement Research.

(Insurancenewsnet) Though many households focus on accumulating assets for retirement, it is equally important that they have a plan in place to help them get as much as possible out of those assets during retirement. New analysis of the National Retirement Risk Index (NRRI) by the Center for Retirement Research at Boston College, and sponsored by Nationwide Mutual Insurance Company, shows the percent of households ‘at risk’ for retirement jumps from 51 to 60 percent when they live off of the interest from their assets instead of purchasing an inflation-indexed annuity to provide a guaranteed stream of retirement income.

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