Respondents to OneAmerica® survey are more likely to have considered how to pay for healthcare
“We’re glad consumers are considering healthcare as a major part of retirement expenses—as they should—but they also need to have a plan for how to withdraw retirement assets and maintain an income throughout their life,” said
One example of a post-retirement income strategy is an annuity. This long-term, tax-deferred insurance contract or investment can provide a fixed or variable stream of income during retirement. Of those who have a withdrawal strategy, 51 percent have considered an annuity.
“Participants over 50 (68 percent) said they would welcome assistance with their post-retirement withdrawals and investments,” said Whitehead. “We have an opportunity to further engage with and assist these participants in all aspects of building a retirement income strategy.”
The companies of OneAmerica surveyed visitors to its retirement plan participant website to better understand their behaviors and to learn which resources might effectively help them prepare for retirement. 7,545 participants responded to the survey; 2,797 were age 51 or older.
OneAmerica’s infographic provides survey methodology and additional insights.
OneAmerica’s nationwide network of companies offers a variety of products to serve the financial needs of their policyholders and other clients. These products include retirement plan products and services; individual life insurance, annuities, long-term care solutions and employee benefit plan products. The goal of OneAmerica is to blend the strengths of each company to achieve greater collective results.
The products of the OneAmerica companies are distributed through a network of employees, agents, brokers and other distribution sources that are committed to increasing value to our policyholders by helping them prepare to meet their financial goals.
Visit the OneAmerica Newsroom or follow @OneAmericaNews on Twitter for more information.
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
SEPTEMBER 22, 2014
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