After decades of hard work, retirement means freedom for a lot of people. Finally having the luxury of time, options, and—hopefully— enough money with which to enjoy it.
Some people never want to retire. Others can’t wait. Many fall somewhere in between. Whatever path you choose, it’s important to plan and be prepared.
Planning for Retirement
Planning for retirement isn’t what it used to be. Amidst fluctuating markets, disappearing defined-benefit pensions and low interest rates, retirement income is no longer viewed as a sure thing. That’s why it’s important to weigh the options with guaranteed income planning.
Securing Guaranteed Income in Retirement
To live comfortably during retirement, most Americans will need some guaranteed income—a fixed income stream regardless of what the markets (or world events) are doing. Insurance companies, and other institutions, may offer more conservative products that offer a fixed income each year.