People are living longer than ever before, which raises the possibility of outliving your savings. We work with clients on retirement income plans designed with a longer lifetime in mind.
One drawback to a longer life is a greater chance of outliving your savings.
Thanks to new prescription drugs and medical technology, people are living longer than ever before. That makes it all the more important to develop a retirement income plan designed for a longer lifetime.
Timing matters too. A significant investment loss in the years just before or just after you retire can have a serious impact on the income you receive over the rest of your life. The earlier a loss occurs, the greater the chance of depleting retirement savings.
We can work with you to design an income plan that incorporates insurance and investment vehicles, with opportunities for long-term growth and, through certain insurance products, guaranteed income options.*
Build an income plan around a retirement that could last 25 to 30 years.
Consider how a market loss near your retirement date could affect lifetime income.
Combine insurance and investment products based on your goals and risk tolerance.
* Guarantees are based on the claims-paying ability of the issuing insurance company. This material is educational and not individualized advice. All investing involves risk, including the potential loss of principal.
Connect in person, virtually, or by phone to discuss your goals. Your first introductory meeting is complimentary.
By providing your contact information, you may be offered information regarding the purchase of insurance and investment products.