As Boomers start to retire, they’re confused about whether or not they want annuities—and the confusion stems not from old age but from a fear of losing control, according to results of studies from BlackRock and Harvard University released last week at a press briefing in New York.

Retirement income is a growing concern nationwide, but because retirees themselves don’t really know whether they do or don’t want a guaranteed income stream, employee 401(k) plan sponsors may become more responsible for helping people make that choice, the studies conclude.

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