Strategies to Help Your Retirement Income Sustain Your Lifestyle

Saving for retirement income requires diligence and discipline. However, despite your hard work, there may be times when your retirement savings is not enough to sustain your lifestyle during your retirement years. You may have thought you could rely on one type of savings strategy as a sole source of income, but when reality presents the contrary, such as a rise in health care costs or unexpected expenses, it may be evident you need another plan.

Successful retirement savings requires knowledge of various insurance products that can increase the viability of your money. One option is fixed indexed annuities.

Benefits of Fixed Indexed Annuities

If you’ve ever wondered how fixed indexed annuities can help you during your retirement, this may be your chance to find out. This type of insurance product helps to increase the amount of retirement income you can receive in the future, particularly with living income benefits. The potential for gaining more on your insurance vehicle is based on interest rates generated from the performance of the stock market.1.

Download The National Association of Insurance Commissioners “Buyers Guider for Deferred Annuities-Fixed.”

To learn more about retirement income call your financial professional. You’ll be informed about retirement income options and which plan may be best for you.
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Annuities are insurance products backed by the claims-paying ability of the issuing company; they are not FDIC insured; are not obligations or deposits of, and are not guaranteed or underwritten by any bank, savings and loan or credit union or its affiliates; are unrelated to and not a condition of the provision or term of any banking service or activity.