RETIREMENT INCOME PROBLEMS

1. 1. Longevity: The Society of Actuaries estimates that one spouse in a couple aged 65 has a 50% chance of living to at least age 90¹.
2. 2. Inflation: The cost of goods and services we use tend to increase over time and are difficult to predict and plan for.
3. 3. Healthcare Costs: Health care costs continue to rise, and such expenses often increase as we age.
4. 4. Interest Rates: Often change and cannot be predicted and affect the returns we receive on our savings and investments.
5. 5. Stock Market Volatility: Market declines are inevitable. Standard’s and Poor’s Composite Index has sustained three declines of 10% or more since the March 2009 market bottom².

A RETIREMENT INCOME SOLUTION

The Income for Life Model® is an investment strategy with the objective of providing inflation-adjusted income for life. The strategy allocates assets in a manner that places a heavy emphasis on guaranteed³ streams of income that continue over long periods of time. This is extremely important because Americans are increasingly being forced to rely upon their own retirement savings to create the retirement income they will need. With longevity increasing and interest rates low, creative durable streams of retirement income can be challenging.

The Income For Life Model® provides a sound foundation for creating that income.

• ¹Source: Applied Risk Management During Retirement, Milevsky and Abaimova, June 2005, Society of Actuaries RP-2000 table.
• ²Source: Standard’s and Poor’s
• ³When fixed or variable annuities are used to provide guaranteed income, all guarantees are backed by the claims paying ability of the issuing insurance company. The Income for Life Model® may consist of investment products that are subject to the loss of principal.