Do you want to maintain the standard of living and lifestyle you have come to enjoy? If your answer is yes, then you may be like many other people we serve. Building a retirement income strategy is a process that often requires a combination of available retirement income tools.
An effective retirement income strategy can protect against many retirement risks including longevity, market volatility, macroeconomic risks, inflation and spending shocks that can derail a budget. Each of these risks should be managed by combining different income tools with different relative strengths and weaknesses. There is no single solution that can cover every risk, though some financial products have been marketed as such.