Retirement Lifestyle Protection plans.docx - Retirement Lifestyle Protection plans are not just for the wealthy As retirement nears the traditional

Retirement Lifestyle Protection plans.docx - Retirement...

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Retirement Lifestyle Protection plans are not just for the wealthy. As retirement nears, the traditional strategy has been to move growth-seeking products to more conservative, fixed-income products. This may have worked fine back when retirement was only expected to last five to ten years.These days, however, people are living longer. Thanks to new prescription drugs and medical technology, it’s not unusual for someone retiring at age 65 to live to age 90 or longer. You may need to plan for your nest egg to last for potentially 25 to 30 years.One drawback to a longer life is the greater possibility of outliving your savings – creating all the more reason to develop a Retirement Lifestyle Protection Planning® strategy designed to last a longer lifetime.A significant loss in the years just prior to and/or just after you retire can have a damaging impact on the level of income you receive over the course of your life. In fact, if a loss occurs earlier in life, there is also the chance that you have more time to recover(versus a significant loss occurring later in retirement). Why? Simply because a smaller pool of assets is left to sustain you throughout your retirement years.We can help you design a guaranteed* Retirement Lifestyle Protection Planning® strategy, which incorporates insurance and annuity vehicles that create opportunities for long-term growth, as well as guarantee income throughout your retirement.*Guarantees are backed by the financial strength and claims-paying ability of the issuing company, and may be subject to restrictions, limitations or early withdrawal fees. Annuities are not FDIC insured.
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Because the market does not provide security, you may want your Retirement Lifestyle Protection Planning® to include some secured income products. For example, annuities, which are insurance products with guarantees*, can provide a source of supplemental income throughout your retirement.
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  • Summer '16
  • Rosalinda Valenzuela
  • Retirement Lifestyle Protection

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