Browsing Tag
Lifetime Income
108 posts
Lifetime Income refers to a financial strategy or product designed to provide clients with a steady stream of income for the rest of their lives. RIAs use this concept in retirement planning to ensure clients can cover essential expenses and maintain their lifestyle without the risk of outliving their assets. It often involves annuities, systematic withdrawals, or investment portfolios structured to generate sustainable income over a client’s lifetime.
Employer Skepticism of ‘Traditional’ Target Date Funds Grows
TIAA, which offers lifetime income products, said interest in GLI rose during the pandemic
Study Finds Tomorrow’s Retirees Feel Less Financially Secure Than Today’s
New IRI study highlights significant differences between current and future retirees
Michael Miller Named First Head of PGIM DC Solutions
Investment in PGIM’s new defined contribution initiative continues as the team focuses on lifetime income solutions
HUB and Hueler Announce Partnership to Boost 401(k) Income Solutions
‘It’s a process, not a product,’ says HUB’s Barbara Delaney, ‘and one that’s prudent.’
Bill Allowing Annuities as QDIAs in 401(k)s Introduced in House
Reintroduction of “Lifetime Income For Employees Act” by Reps. Donald Norcross and Tim Walberg offers retirement savers improved ability to generate protected income stream
Alliance for Lifetime Income Helping Elton John Say Farewell to Fans
Nonprofit promoting awareness of protected lifetime income in retirement announced as sole presenting partner of “Farewell Yellow Brick Road” tour in North America
2021 Annuity Sales Highest Since 2008 (No Thanks to 401(k)s)
While 2022 figures to be a banner year for the introduction of annuities into retirement plans in the wake of the SECURE Act, 401ks were still just a minor factor in strong 2021 annuity sales
TIAA Launches Lifetime Income Product
For the first time, the financial services company is offering its guaranteed lifetime income solution to the corporate retirement market through the TIAA Secure Income Account
New Fiduciary Rule Would Hurt Poor Communities: The Hill
'Evidence shows that a fiduciary-only approach is the exact wrong policy to adopt'
New Study Contradicts Traditional 60/40 Retirement Portfolio Asset Allocation
In building a hypothetical $1 million retirement portfolio, 85% of investors surveyed show interest in owning an annuity while financial pros continue to underestimate the intensity of consumer interest in guaranteed income