Retirement income: Making your money last
For many Americans, the transition from saving to spending during retirement can be challenging. Research from the Ameriprise Making Money Last study reveals that only 21% of retirees feel confident about drawing down their assets. Ameriprise surveyed more than 1,000 retirees ages 40-79 with at least $100,000 in investable assets to explore how they manage their finances and the steps they are taking to make their money last.
An Ameriprise financial advisor can help
When it comes to making your money last in retirement, there are a few key questions to consider. From retirement expenses to having the right withdrawal strategy – an Ameriprise financial advisor can help you evaluate your options, and decide on an approach that best serves your needs.
The Making Money Last study was created by Ameriprise Financial, Inc. and conducted online by Artemis Strategy Group December 8-21, 2017 among 1,075 U.S. retirees between the ages of 40-79 with at least 100,000 in investable assets. For further information and details about the study, including verification of data that may not be published as part of this report, please contact Ameriprise Financial.
Ameriprise Financial Services, LLC. Member FINRA and SIPC.