{"id":192271,"date":"2025-09-30T12:42:07","date_gmt":"2025-09-30T12:42:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/192271\/"},"modified":"2025-09-30T12:42:07","modified_gmt":"2025-09-30T12:42:07","slug":"retirees-flock-to-annuity-for-lifelong-payout","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/192271\/","title":{"rendered":"Retirees flock to annuity for lifelong payout"},"content":{"rendered":"<p>                            Retirees are shifting from programmed withdrawal to annuities, prioritising the guaranteed lifetime payout they offer.<\/p>\n<p>Retiree annuity hit a record high in uptake in the first quarter (Q1) 2025, surpassing programmed withdrawal for the first time since the Pension Reform of 2004.<\/p>\n<p>The shift reflects that retirees are increasing prioritising long-term financial security through annuities, which align with rising life expectancy, according to industry experts.<\/p>\n<p>The National Pension Commission (PenCom)\u2019s Q1 2025 report of retirement options<\/p>\n<p>\n                                Retirees are shifting from programmed withdrawal to annuities, prioritising the guaranteed lifetime payout they offer.&#13;<br \/>\n&#13;<br \/>\nRetiree annuity hit a record high in uptake in the first quarter (Q1) 2025, surpassing programmed withdrawal for the first time since the Pension Reform of 2004.&#13;<br \/>\n&#13;<br \/>\nThe shift reflects that retirees are increasing prioritising long-term financial security through annuities, which align with rising life expectancy, according to industry experts.&#13;<br \/>\n&#13;<br \/>\nThe National Pension Commission (PenCom)\u2019s Q1 2025 report of retirement options                            <\/p>\n","protected":false},"excerpt":{"rendered":"Retirees are shifting from programmed withdrawal to annuities, prioritising the guaranteed lifetime payout they offer. Retiree annuity hit&hellip;\n","protected":false},"author":2,"featured_media":192272,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,147,530],"class_list":["post-192271","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/192271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=192271"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/192271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/192272"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=192271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=192271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=192271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}