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Understanding Preretirees' Retirement Income Preferences
T. Rowe Price Link to more items from this source
July 28, 2020

"Confusion about different retirement income products creates an opportunity for traditional advice or advice-embedded retirement income solutions. Preference for managed payout accounts and annuities weakens as participants get close to retirement. Willingness to work with a financial professional increases at the same time. Participant preferences suggest that retirement income solutions need to evolve beyond products to provide participants with an experience that makes them confident about their choice."

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