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    Basic Expenses Worry Boomers on Brink of Retirement

    (Cont...)

    Some, however, are planning well. Those who indicated they will use income from a defined contribution savings account (43%) also said they have spoken to someone about what to do with that money once they retire. Of those, nearly three-quarters (71%) said the conversation was with a financial professional, such as an adviser or attorney.

    Ipsos U.S. eNation online conducted the survey from June 6 to June 8, with 1,095 respondents ages 55 to 65. Allianz Life Insurance Company of North America commissioned the study.

    Jay Polansky
    editors@plansponsor.com

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