Investing used to be easier for retirees. Many sought to generate enough income from the yield created by bonds or short-term investments.
Providers with strong distribution networks, employee education programs and enrollment platforms will gain most from post-pandemic expansion.
Ultimately, retirement planning can be simplified by focusing on the only two possible outcomes: income and legacy.
Guaranteed income strategies have emerged as underutilized methods to not only help people save for retirement but also provide a stream of income.