man typing the word Annuity (Photo: Shutterstock)

Nobel prize-winner (and our co-founder) William F. Sharpe called decumulation the "nastiest problem in finance." A recent study by Greenwald Research revealed that 70% of plan participants are worried about running out of money in retirement. Transforming savings into a steady stream of income that will last their lifetime is an enormous undertaking for most near-retirees.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and events
  • Access to other award-winning ALM websites including and

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.