The Hartford has found that American workers are increasingly valuing
guaranteed income in retirement with younger workers markedly more
attracted to such options than their older counterparts. The results
were announced in The Hartford’s Guaranteed Retirement Income study.
In what could be part of the lingering effects of collapse-bred
cynicism with regards to capital markets combined with the
acknowledgment that the social security system will be a shadow of
itself once they are ready to retire, younger workers are expressing a palpable longing for pension-like products.
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