Charles Schwab, for example, plans to roll out a feature this month for its robo-advisor service that manages withdrawals for consumers across their accounts.
Schwab is one of the first robo-advisors, which use algorithms to automate investment decisions for consumers, to develop such an income-oriented service, said Dennis Gallant, a senior analyst at consulting firm Aite Group."I don't think there's any firm out there not working on an aspect of retirement income and building out tools in that regard," Gallant said. "2020 will be the year of a lot of firms pushing their initiatives.
acorns . If it's easy for me to get out, does that mean it will be easy for criminals to get out too?