Compensation Strategies Group, Ltd.
Nicholas Pension Consultants
Nova 401(k) Associates
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|How Retirees Manage Retirement Savings for Retirement Income (PDF)|
Nov. 16, 2015
17 pages. "There was no difference in retirement confidence among annuitants and non-annuitants at the time of retirement ... Annuitants are more likely to have experienced an increased standard of living in retirement and a retirement lifestyle that has exceeded expectations.... [V]ery few annuitants were specifically advised to not annuitize. 80% of non-annuitants were advised to not annuitize or received no advice about annuitization. Non-annuitants are more likely to have a fair or poor understanding of annuities and annuitization."
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