AllianceBernstein highlights lifetime income role in closing public retirement gaps
AB•AllianceBernstein's analysis says pensions alone are insufficient to assess retirement readiness and that defined-contribution lifetime income can complement other retirement income sources.
1. Lifetime income role
AllianceBernstein's public retirement analysis says pensions alone are insufficient to assess retirement readiness amid shorter job tenures and less-generous benefits. It says defined-contribution lifetime income aims to complement other retirement income sources where they fall short, rather than replicate pensions.
