• 91%: Percentage of seniors who think about keeping money for later in life when making withdrawals.
  • 42%: Percentage of seniors who would trade liquidity for income if they were certain they would not lose any money.
  • 40%: Percentage of seniors who would trade liquidity for income if they were protected against stock market shocks.
  • 38%: Percentage of seniors who would trade liquidity for income if they were certain about the rate of return.
  • 76%: Percentage of pensioners who are concerned about inflation, compared with 74 percent of retirees without a pension.
  • 64%: Percentage of pensioners who are worried about declines in the stock market, compared with 63 percent of retirees without a pension.
  • 13%: Percentage of retirees who withdraw the same amount from their accounts every month, compared with 23 percent who only take money in emergencies.
  • 24%: Percentage of retirees who have no specific method to withdrawals.

Top reasons retirees choose guaranteed income products:

  • Independence for life – 61%
  • Peace of mind – 61%
  • Higher annual income – 58%
  • Budget management – 57%

Source: AARP