Most Important Piece of the Puzzle
When it comes to retirement, lifetime income is THE most important piece of the puzzle. Without lifetime income, longevity, and the unknown of how long you will live could eat up all the retirement savings that someone has worked for their entire life. So, what exactly is “lifetime income”? It’s exactly what it sounds like - paychecks that start coming to you during your retirement years and will continue for the rest of your life no matter how long you live and if you are married, your spouse’s life as well.
What if your retirement account runs out of money?
Do you still receive paychecks?
With lifetime income set up, you continue to receive paychecks for the rest of your life, even with 0 dollars in your retirement account. Lifetime income provides an income stream you can never outlive. It can provide peace of mind and give you the financial freedom most people long to have during their golden years! The number one fear in retirement is running out of money. Lifetime income allows retirees to enjoy their retirement without any fear of running out of money.