Retirement Income
A financial challenge facing US workers today is transforming accumulated wealth and savings into an adequate income stream that will last through retirement.
Financial Wellness
Funding their retirement years is perhaps the single biggest financial challenge most Americans face. But it’s not the only challenge.
INTRODUCING PGIM RETIREWELL™
PGIM DC Solutions is building comprehensive solutions that seek to help the American worker save and spend in retirement. Our PGIM RetireWellTM solutions focus on two principal goals of an individual: financial security and well-being, and the ability to meet financial goals and enjoy financial freedom in retirement. To address these goals, we bring together PGIM’s retirement income pillars, investment capabilities, and financial wellness expertise. Learn more about our Solutions.
LATEST INSIGHTS
The Value of Personalized Guidance
We explore if providing personalized guidance around optimal portfolio risk levels and spending amounts can improve expected retirement outcomes.
Building DC Portfolios for Longer Horizons
Discussion around new PGIM research that takes a broader lens to consider asset classes not typical in DC portfolios
The Buzz From Washington - July 2024
We highlight some significant retirement-related legislative and regulatory activities that could have an impact on workers, plan sponsors and their providers.
Guided Spending Rates: Rethinking “Safe” Initial Withdrawal Rates
Is the “4% rule” still the best guide? Our model introduces a series of portfolio withdrawal rates that we believe are a better starting place for retirees.
PGIM FAST FACTS
$1.3 Trn
total assets under management¹100+
clients with more than $1 billion in DC plan AUM²$168 Bn
total DC assets under management³Top 10
global asset manager for DC plans⁴
1) AUM as of 3/31/2024. PGIM is the investment management business of Prudential Financial, Inc. (PFI). PFI is the 12th largest investment manager (out of 411 firms surveyed) in terms of worldwide institutional assets under management based on Pensions & Investments’ Top Money Managers list published June 2024. This ranking represents institutional client assets under management by PFI as of 12/31/2023. Participation in the P&I ranking is voluntary and open to managers that have any kind of U.S. institutional tax-exempt AUM. Managers self-report their data via a survey. P&I sends the survey to previously identified managers and to any new managers asking to participate in the survey/ranking. No compensation is required to participate in the ranking. As of 3/31/2024, PGIM DC Solutions AUM is $1.3 billion. 2) Based on PGIM client list as of 6/30/2023, compared to Pensions & Investments’ Top U.S. Plan Sponsors list as of 9/30/2022. 3) As of 3/31/2024. Total DC AUM includes assets under management by PGIM and its affiliates for defined contribution investment purposes only and includes assets held in Prudential’s general account that supports DC retirement accounts. AUM for PGIM DC Solutions is $1.3B as of 3/31/2024. 4) PFI is the 10th largest investment manager (out of 411 firms surveyed) in terms of U.S. defined contribution assets under management based on Pensions & Investments' Top DC Money Managers list published June 2024. This ranking represents U.S. defined contribution assets under management by PFI as of 12/31/2023. Participation in the P&I ranking is voluntary and open to managers that have any kind of U.S. institutional tax-exempt AUM. Managers self-report their data via a survey. P&I sends the survey to previously identified managers and to any new managers asking to participate in the survey/ranking. No compensation is required to participate in the ranking.
