Guaranteed Lifetime Income Study
In a study, released on May 15, 2018, Guaranteed Lifetime Income was viewed as a valuable supplement to government sponsored retirement plans.
The top retirement concerns in this survey of 1003 retirees and pre-retirees aged 55-75, was conducted by Sun Life and Great-West Life.
- low interest rates
- losing money or low returns on the stock market
- not being able to afford long term care
- outliving savings