Retirees use DC payouts wisely

November 06, 2008 at 07:00 PM
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  • 54% – Percentage of retirees who take defined contribution payments in a lump sum.
  • 86% – Percentage of those retirees who reinvested at least some of a lump sum payment.
  • 62% – Percentage of those retirees who take defined contribution payments in a lump sum who reinvest the entire amount.

Source: Investment Company Institute