Retirement Facts

Less than 30 % of Americans feel confident about having enough money to pay for basic expenses during retirement. This is no surprise: As Americans live longer and the shift away from traditional pensions continues, growing numbers of retirees are facing the difficult challenge of managing their savings on their own and managing them so they provide an adequate and steady stream of income throughout retirement.It is imperative all Americans have access to guaranteed streams of retirement income that cannot be outlived. Retirement vehicles such as annuitization can help Americans better manage their savings to last a lifetime by providing a steady stream of guaranteed income in retirement, reducing the risks that retirees will outlive their savings or face significant reductions to their standard of living and providing peace of mind.

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