A three step process to help you gain confidence in your strategy, create sustainable income and make it grow.
1. Take Inventory:
This analysis lays the foundation for your retirement income plan. Talk to your advisor or agent about what you have discovered.
2. Cover the Essentials:
- Do your guaranteed sources of income cover your essential expenses?
- If there is a gap, talk to your advisor or agent about using income annuities to cover daily expenses now and in the future.
- What’s an income annuity?
- Do you already have an annuity? If you have a deferred annuity, you can convert your accumulated assets into a guaranteed income stream.
- How might this strategy work?
- How much have you saved for retirement?
3. Protect Your Lifestyle:
