Report: Half of U.S. Adults 61-65 Have Already Retired
Nearly a third of them are still providing financial support to adult-age children and extended family members.
Source: wealthmanagement.com
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Nearly a third of them are still providing financial support to adult-age children and extended family members.
A new report shows so-called Peak 65 women are more than twice as likely to buy an annuity than Peak 65 men.
More women than men ages 61 to 65 are interested in securing guaranteed lifetime income sources, presenting an opportunity for retirement plan sponsors and advisers, research shows.
Regularly review your expenses and income needs, withdrawal strategy, beneficiaries, health care proxy, will and trust to ensure your plan meets your current needs.