"I think the real question is not knowing if it's going to burst or boom. It's about making sure you'll be prepared for retirement, Brown Duckett told the outlet in an interview at TIAA's FutureWise conference earlier in the week. Brown Duckett added that investors should instead focus on building a diversified portfolio that includes guaranteed income through annuities or insurance products. It's not about timing the market. It's about how much time you put in the market, she said. Income has to be the outcome."
"CNBC pointed to Mercer's inaugural 2025 Defined Contribution Practices Survey, which found that 35% of U.S. defined contribution plan decision makers plan to prioritize the addition of retirement income solutions like employer-sponsored retirement plans in the next year. Expanding financial wellness programs, ensuring regulatory compliance and managing costs are top priorities for defined contribution plans. Among the 225 plan decision-makers surveyed, 39% cited financial wellness as their No. 1 focus, while 37% prioritized regulatory compliance and 36% focused on cost management."
Investors should prioritize retirement preparedness by building diversified portfolios that include guaranteed income through annuities or insurance products. Market timing is less important than time spent in the market. Income must be the primary retirement outcome. Thirty-five percent of U.S. defined contribution plan decision-makers plan to prioritize adding retirement income solutions within a year. Top priorities for defined contribution plans include expanding financial wellness programs, ensuring regulatory compliance, and managing costs. Survey responses show 39% prioritize financial wellness, 37% regulatory compliance, and 36% cost management. Research indicates gaps in retirement confidence and incomplete actions to secure lasting savings.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]