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The goal of retirees — past, present, and future — is to always have a source of income. In the past, retirees could rely on Social Security and employer-sponsored pensions as that source of income. Over the years, much has changed. Today, life expectancies have increased, while the certainty of Social Security and employer-sponsored pension plans has diminished. By all estimates, the next generation of retirees, the baby boomers, will live longer and spend more time being retired than any previous generation. Is Your Retirement on Track?
When it comes to your own retirement strategy, you may be wondering if you're on track to have enough assets and provide enough income at the retirement stage of your life. - Are you prepared for a retirement that may last 10, 20, 30 years or longer?
- Will your retirement income last as long as you?
- Will you have enough money when you are ready to retire?
Are Annuities an Option?
Annuities are established for the purpose of providing a regular stream of income, typically upon retirement. They can be shaped and sized according to your needs and give you the option to begin receiving the income at a future date or immediately. You can fund your annuity gradually or all at once. Depending on the type of annuity, its value can be tied to a fixed interest rate or the performance of underlying investment funds. |
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You can arrange: -
for the annuity to provide an income for a specific period of time or an entire lifetime
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for the income you receive from a fixed income plan or variable income plan that is tied to the performance of underlying investment funds
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to have the annuity provide income to you alone, to you and a significant other, to continue to whichever of you lives the longest, and even to another beneficiary beyond the lifetime of you and any significant other
As always, your Northwestern Mutual financial representative is available to help answer your questions. Your representative can address your overall needs for financial protection and help you determine if an annuity is right for you. |
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For additional
information, please
complete this form. |
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