- 55% see generating a stable income as a top priority versus generating returns (27%), or preservation of capital (25%)
- 69% believe that some sort of guaranteed monthly income stream will be necessary in addition to Social Security
- 64% of respondents plan to take monthly withdrawals to cover their expenses while only 6% prefer a lump sum payout from their plans
By Hal M. Bundrick NEW YORK ( MainStreet)--A gigantic market of investors is seeking assistance. 401(k) participants say their main goal is to have a secure stream of income in retirement, and they're looking for help to achieve that, according to a survey by State Street Global Advisors (SSgA). Most of the survey participants (80%) believe that a guaranteed monthly payout benefit is a "must have," even if it means compromising some access to their retirement savings.