The Alliance for Lifetime Income (ALI) has no data on whether the retirement income chicken came first, or the retirement income egg, but it says it has survey data that show that women who have protected retirement income are more optimistic about their retirement income than other women are.
(Related: Alliance Adds Advisor Version of Retirement Readiness Assessment Tool)
ALI is a nonprofit organization, backed by annuity issuers and big annuity distributors, that’s trying to do for annuitized retirement benefits what the “Got Milk” awareness campaign did for the dairy industry.
ALI has taken steps such as developing a retirement readiness benchmarking tool, sponsoring the recent Rolling Stones tour, and conducting surveys to power annuity awareness efforts.
ALI recently sponsored a survey that drew on responses from 3,119 U.S. adults.
Survey managers found that 67% of the men surveyed and 64% of the women were at least moderately optimistic about their retirement years, but that 58% of the non-retired women expect their money to run out before they die.