The U.S. Government Accountability Office (GAO), a federal agency has released a report entitled Ensuring Income throughout Retirement Requires Difficult Choices. The two most important choices involve “delaying the age when you elect to start receiving Social Security payments”; and “the other big piece of advice in the GAO report is that middle-class retirees should convert at least half of their retirement savings into a lifetime income annuity.” Call us if you are interested in learning how to convert your savings into lifetime income. We’re here to help, and always enjoy hearing from you.
