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A new study from The Hartford shows that while many American workers find it appealing to have a guaranteed income in retirement, the younger the employee, the greater the attraction.

The Hartford’s Guaranteed Retirement Income study, as originally reported in CUTimes.com‘s sister website AdvisorOne.com, finds that three out of five Americans (64%) say their employer’s 401(k) or other retirement plan does not allow them to turn their savings into guaranteed income in retirement or they are unsure if it does. Buy a large margin, those respondents say they would welcome the opportunity:

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