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How do retirees holding target-date funds receive the income they want? We believe retirement income is best provided through a more personalized service solution based on a retiree’s asset allocation, spending horizon, and other personal factors.
While attractive at first, writing a “big check” for an annuity that may not pay off for years can be too-high a hurdle for many participants. And that is clearly understandable, says Vanguard senior investment strategist Colleen Jaconetti.
Retirement isn’t just about getting participants to retirement anymore. By partnering with Vanguard, you can be more confident that your retirement plan is retiree-friendly and can help participants meet their unique retirement goals.