Majority of Plan Sponsors Concerned Future Retirees Will Run Out of Money in Retirement

NEW YORK--(BUSINESS WIRE)-- #Annuities--In 2024, more Americans are reaching the traditional retirement age of 65 in the same year than at any time in history, creating more than 4 million potential new retirees this year alone. While the U.S. faces this significant milestone, findings from MetLife’s 2024 Qualifying Longevity Annuity Contract Poll show a vast majority (91%) of plan sponsors are concerned that their future retirees will run out of money in retirement. When asked about what percentage of futu