Perhaps one of the greatest financial challenges you will face in your lifetime is preparing adequately for your retirement. Can you afford to retire? How will you fund your retirement? What unexpected events may occur before and during your retirement that can derail your plans for the future?
You will need about 60 to 80% of your pre-retirement net income to ensure the type of retirement you want. Social Security, 401(k) and pension plans will definitely play a big role, but you may need more income than they provide. Take heart in the fact that there are several solutions you may want to consider as you prepare for your retirement.
Retirement Solutions includes information on preparing for retirement, an IRA overview, life insurance, and variable annuities. Visit the Network Services, Investment Services section and Investment Products section for investment information and products that you may choose to include in your retirement strategy.
You should carefully consider the investment objectives, risks, expenses and charges of the investment company before you invest. Your Northwestern Mutual Investment Services Registered Representative can provide you with a variable annuity contract and fund prospectus that will contain the information noted above, and other important information that you should read carefully before you invest or send money.