The Turning Point

 AUGUST 06, 2021


The COVID-19 pandemic has ushered in a challenging new investment climate. 

Many people rely on fixed investments for income, safety, diversification and protection against too much investment risk. But with returns this low, continuing a traditional level of allocations to fixed investments means that many can't get the returns necessary to maintain financial security.

To gain insights on the concerns and understandings of investors, Jackson conducted a survey of 172 investors ages 40 to 74 with investable assets of $100,000 to $2 million. We also surveyed 177 financial professionals. The surveys were conducted from August 4-14, 2020.

What are the findings?  We have reached a turning point, as investment direction intersects with the current interest rate and investment climate. So what are financial professionals and investors thinking now?  Read on to find out more. 

The turning point infographic. A new interest rate era calls for change in retirement planning strategy.

*Guarantees are backed by the claims-paying ability of the issuing insurance company.

Annuities are long-term, tax-deferred vehicles designed for retirement.  Variable annuities involve investment risks and may lose value. Earnings are taxable as ordinary income when distributed. Individuals may be subject to a 10% additional tax for withdrawals before age 59½ unless an exception to the tax is met.

There is no guarantee that a variable annuity with an add-on living benefit will provide sufficient supplemental retirement income.

 

 

1. Jackson Covid-19 Longevity Study, August 4-14, 2020. Survey of 177 financial professionals.

2. Jackson Covid-19 Longevity Study, August 4-14, 2020. Survey of 172 investors ages 40 to 74 with investable assets of $100,000 to $2 million.

3. Jackson Covid-19 Longevity Study, August 4-14, 2020. Survey of 177 financial professionals.

4. American Academy of Actuaries and Society of Actuaries, Actuaries Longevity Illustrator, 2020. Assumes married non-smoker couple both born September 1, 1955.

 

Annuities are issued by Jackson National Life Insurance Company (Home Office: Lansing, Michigan) and in New York, annuities are issued by Jackson National Life Insurance Company of New York (Home Office: Purchase, New York). Variable products are distributed by Jackson National Life Distributors LLC, member FINRA. May not be available in all states and state variations may apply. These products have limitations and restrictions. Contact the Company for more information.

Jackson® is the marketing name for Jackson National Life Insurance Company® and Jackson National Life Insurance Company of New York®. Jackson National Life Distributors LLC.