Decades of saving require a plan to ensure retirement income lasts. 93% of workers want 401(k) plans to offer lifetime income options. Thoughtful withdrawal strategies, including bonds and investments, can create a sustainable income floor. Market volatility, taxes, and rising healthcare costs make planning essential. Building a foundation of guaranteed income is a strong first step. Fixed annuities and other tools offer options for retirees. Matching income sources to spending needs is crucial for maximizing retirement years.

Read more at Yahoo Finance: Want Steady Income in Retirement? These Overlooked Tools Can Help and May Make All the Difference