This Investing Strategy Could Be the Key to a Better Lifestyle in Retirement
By:
Mary Ellen Cagnassola
Mary Ellen Cagnassola
Reporter | Joined May 2024
Has also written:
See full bio
- Why Some Social Security Recipients Will Get 2 Payments in May
- When Social Security Recipients Will Get Their Checks in May
- Why Keeping Your 401(k) After Retiring Could Be a Smart Savings Decision
- Most Adults Fail This 5-Question Quiz on Retirement Basics
- Most Older Investors Say Retiring at Age 65 Is No Longer Feasible
Editor:
Brad Tuttle
Blending doesn’t just make for a tasty smoothie — it can also lead to a better lifestyle in retirement, according to a new study.
In retirement, some people choose to have blended income, or a combination of investments like 401(K)s and fixed annuities, which provide a guaranteed income stream in retirement. Investment bank Goldman Sachs’ annual retirement report found that retirees who adopted a blended income strategy tended to be more satisfied with their income.
Retirees with this kind of blended income also showed higher levels of confidence making the transition into retirement compared to those with only an investment or an annuity alone.
Ads by Money. We may be compensated if you click this ad.Ad
