Risks in Retirement

Plan ahead for potential retirement bumps in the road

As you draw closer to retirement, prepare for risks that could affect your financial well-being.

This series of short videos highlights some of these potential risks, and your financial professional or insurance producer can work with you on strategies to help address them.

WEB_1217_918_center.jpg

Risk: A market downturn after retirement

Our story of two hikers and a hungry bear shows how market downturns can have dramatically different effects on your retirement portfolio depending on when they happen.

> Sequence of returns matters (PDF)

 

Risk: Lack of pension

Most Americans today are likely entering retirement without a pension. If you are one of them, you may need additional sources of guaranteed income.

> Pensions are becoming rare (PDF)

 

Risk: Inflation may stop your fun in retirement

Social Security cost-of-living adjustments may not be enough to keep up with inflation in retirement.

> Will inflation deflate your purchasing power? (PDF)

> Are you planning for rising health care costs? (PDF)

 

Risk: Living too long

A long life should be a goal, not a risk. But even at a low withdrawal rate, you could be at risk of outliving your retirement portfolio.

> Is your withdrawal strategy at risk? (PDF)

> Longevity can leave you short-handed. (PDF)

 

Next Steps

Contact your financial professional or insurance producer.

2A.8_1000x700.jpg

Not a bank or credit union deposit, obligation or guarantee. Not FDIC or NCUA/NCUSIF insured. Not insured by any federal government agency. May lose value.

Annuities are issued by Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004, and are not available in all U.S. states or any U.S. territory. Annuity contracts have terms and limitations for keeping them in force. Contact your financial professional or insurance producer for complete details.

Guarantees and benefits are subject to the claims-paying ability of Symetra Life Insurance Company.

Annuity contracts have terms and limitations for keeping them in force. Contact your financial professional or insurance producer for complete details.

This material is for educational purposes only and is not intended to provide investment, tax or legal advice, or to endorse any particular method of investing.

Withdrawals may be subject to federal income taxes, and a 10% IRS early withdrawal tax penalty may also apply to amounts withdrawn prior to age 59 1/2. Clients should consult their attorney or tax advisor for more information.

Copyright © 2004 - 2018 Symetra Life Insurance Company, 777 108th Ave NE, Suite 1200, Bellevue, WA 98004. All rights reserved. Symetra® is a registered service mark of Symetra Life Insurance.