Understanding Lifetime Income: Avoid a Just in Case Retirement

Who are the happiest retirees that you know? Who are the most nervous? Retirees without  portfolio protection or a guaranteed income might be so afraid of spending money that they live an unnecessarily spartan lifestyle. Happiness in retirement may be tied to a guaranteed source of income – not just your assets. 

What is a Variable Annuity?

Variable annuities are long-term, tax-deferred investments designed for retirement, involve investment risks, and may lose value.  Earnings are taxable as ordinary income when distributed and may be subject to a 10% additional tax if withdrawn before age 59 1/2.

Add-on benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity and may be subject to conditions and limitations.

*Guarantees are based upon the claims paying ability of the issuing insurance company.

Tom Hegna was paid to share his opinions and story. His expressed views and opinions should not be construed as recommendation.