NU Online News Service, Sept. 23, 2004, 5:43 p.m. EDT
Some U.S. consumers may be listening to talk about retirement income planning.[@@]
ING U.S. Financial Services, Atlanta, hired researchers to survey 2 samples of U.S. adults in July. One sample consisted of 800 workers over age 30 and retirees over age 50. The other consisted of 200 individuals between the ages of 50 and 70 who had $100,000 to $1 million in investable assets.
The percentage of retirees who said they had planned the process of converting their savings into income ahead of time increased to 56%, up from 32% just 2 years earlier.