Corebridge Retirement Services head Fiedler urges decumulation plan to ease retirees’ spending anxiety

Corebridge Financial, Inc.

Corebridge Financial, Inc.

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  • Corebridge management highlighted new research showing only 28% of workers and retirees are comfortable drawing down retirement savings.
  • Terri Fiedler cited a gap between expectations and behavior: 60% link retirement to freedom, yet only 25% accept declining balances.
  • Jean Chatzky said uncertainty on longevity, health costs, markets, inflation, interest rates is limiting spending; nearly 40% underspend to preserve balances.
  • Fiedler urged personalized decumulation plans, framing the 4% rule as a starting point rather than a one-size-fits-all approach.
  • Survey results showed 47% prefer USD 60,000 a year guaranteed for life versus 41% choosing a USD 1 million lump sum at 65.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corebridge Financial Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606171453PRIMZONEFULLFEED9748747) on June 17, 2026, and is solely responsible for the information contained therein.

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