Invesco’s new research examines the evolving role of defined contribution (DC) plans as the largest source of retirement income for most workers. With 68% of participants concerned about running out of money in retirement, the pressure is on plan sponsors and advisors to help participants turn their lifelong savings into a stream of income.
Read the white paper to learn how to better meet the evolving needs of plan participants. Highlights from the research include:
- Overcoming participant fears of outliving their retirement savings
- Bridging the savings to income gap
- Preference for retirement income options focused on reliability and flexibility
- The best communication strategies around retirement income
FOR DEFINED CONTRIBUTION PLAN SPONSOR USE ONLY
NOT A DEPOSIT | NOT FDIC INSURED | NOT GUARANTEED BY THE BANK | MAY LOSE VALUE | NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY
Cited research is based on Invesco’s work with Greenwald Research. Invesco is not affiliated with Greenwald Research or 401(k) Specialist.
All material presented is compiled from sources believed to be reliable and current, but accuracy cannot be guaranteed. This is being provided for informational purposes only, is not to be construed as an offer to buy or sell any financial instruments and should not be relied upon as the sole factor in any investment making decision. This should not be considered a recommendation to purchase any investment product. As with all investments there are associated inherent risks.
Invesco Advisers, Inc. is an investment adviser; it provides investment advisory services to individual and institutional clients and does not sell securities. Invesco Distributors, Inc. is the US distributor for Invesco’s retail products and private placements. Both are indirect, wholly owned subsidiaries of Invesco Ltd.
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