TIAA-CREF: Retirement less secure than most people think

Published Updated 3 Min Read

Being prepared for retirement is no longer an after-thought as President Barack Obama boldly claimed at last night’s State of the Union; TIAA-CREF’s new survey adds to this national conversation, noting that one-in-three covered Americans say they place guaranteed income at top of their retirement to-do list, but many are faced with problems that their traditional retirement offerings can’t answer.

According to the startling findings, despite the high grouping which afforded guaranteed income as a top priority, approximately 72% “do not have or are aware of lifetime income options” that is available through their employer retirement plans.


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