Retirement Income & Investment
When retired, you move from accumulating savings to making withdrawals from savings to supplement Social Security.The low interest rates of the last decade make it difficult for retirees to live off their savings without drawing down their principal. It’s important you have a plan to make your savings last your entire lifetime.
Using annuities, you can be guaranteed a lifetime income. Annuities provide protection and guarantees against some very large concerns: market losses, outliving your savings, and not having enough money to pay long-term care expenses.
Questions we can answer
Is my money invested properly for my retirement?
Whether your money is invested properly for retirement depends on your age, timeline, risk tolerance, and goals.
What is my risk tolerance?
Your risk tolerance is how comfortable you are with the ups and downs of investing. It’s shaped by both your capacity (financial situation, time until retirement) and your attitude (how you emotionally handle market swings).
Am I going to outlive my money?
It depends on how much you’ve saved, how much you spend, how long you live, and how your investments perform. A financial plan or retirement income projection can help estimate whether your money will last through your retirement years.
What is the best way to allocate investments to prepare for long-term care costs?
To prepare for long-term care costs, keep part of your portfolio in safe assets while maintaining some growth investments to fight inflation. Many also use long-term care insurance, hybrid life/LTC policies, or annuities with riders to directly cover care expenses.
Can annuities be used as part of a larger investment strategy?
Yes, annuities can complement a broader investment strategy by providing guaranteed income and stability alongside growth-oriented assets. They are often used to cover essential expenses in retirement, while investments like stocks and bonds handle growth and flexibility.
Make Your Money Last As Long As You Do
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