The younger the customer, the more they will want a guaranteed income after retirement is the first takeaway for insurers from a Prudential survey about retirement planning.
Respondents aged 18-36 are more interested in having a guaranteed retirement income feature in their retirement savings plans than those 45 years of age and older. Overall, more than 50% of respondents were “very” interested in a guaranteed retirement income feature, while 23% were “somewhat” interested.