Income that lasts as long as you choose
When retirement expenses are higher than planned, they can eat away at even the most carefully planned retirement accumulation and income strategy. In a recent consumer study, Genworth found 64% of pre-retirees expect their expenses to decrease in retirement. Reality: 52% of those already retired reported their expenses either stayed flat or even increased. How will retirement impact your living expenses? Calculate it. See the full Future of Retirement Income Study.