IALC Q4 2017 Newsletter

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Will Your Retirement Savings Last As Long As You Live?

More than 70 percent of Americans are concerned they may outlive their retirement savings. Many do not have money to last the long haul. Even more startling is the fact one in five Americans have absolutely nothing saved for retirement at all.

Starting to save now and creating a plan for lifetime income, no matter how long you live, are important retirement planning first steps. To get in the right frame of mind, play the newly launched “Master of Retirement” game, which highlights helpful retirement facts and thought-provoking questions. Then, after gaining some general retirement knowledge, dive into planning tools like these free calculators to work on your personal retirement plan.

Are You a Master of Retirement?

From hard-hitting statistics to fun retirement trivia, everyone has the chance to rise in the ranks from novice to master. Don’t worry about selecting the wrong answer.

The game will not only serve up the right answer, but also provide you with more information, so you can learn along the way.

Be sure to share your score on social media to challenge friends and family to play and start the conversation around proactive retirement planning.

Consider talking to a financial professional. Having your questions answered will help you achieve your long-term financial goals.

Blogs You Might Have Missed

AT WHAT AGE SHOULD YOU PURCHASE AN INDEXED ANNUITY?
The great thing about fixed indexed annuities is that they are a reliable retirement planning vehicle appropriate for people in a variety of life stages. However, there are a few rules of thumb to follow when thinking about purchasing a fixed indexed annuity.

Read the full blog here.

TOP 3 THINGS TO ASK YOUR FINANCIAL PROFESSIONAL
Knowing how much and where to save your money is essential to leading a financially secure life. However, wrapping your head around the multitude of retirement options available can be stressful. Consider talking to a financial professional with the right knowledge to ensure you are left with more answers than questions to help you achieve your long-term financial goals. Here are three key questions…

Read the full blog here.

DO YOU LOSE THE BALANCE OF AN ANNUITY IF YOU DIE?
One common misconception about annuities is that you lose the balance of the annuity if you die. In the case of Fixed Indexed Annuities (FIAs), the money remaining in your annuity can pass to one or more named beneficiaries after your death. You can even choose to set up your FIA as “joint life” in order to provide you and your spouse guaranteed income for life, no matter how long each of you live.

Read the full blog here.

News You Can Use

Buzzfeed: Here’s A Game That Teaches Retirement Planning
Once upon a time, we typed numbers into our trusty calculator to add and multiply the nest egg needed for our golden years.Americans expect to retire at age 66, according to Gallup. But according to a new study by Indexed Annuity Leadership Council (IALC), 22 percent of Americans are not familiar with the most routinely-used retirement products that allow them to diversify their portfolio.

Read the full article here.

Huffington Post: Three Myths Blocking Your Path To Retirement
With 10,000 baby boomers retiring each day, an adequate nest egg is more important than ever. And so is the ability to trade instant gratification for financial discipline. But new data shows that a majority of Americans are at-risk of an unstable retirement. According to a new study from the Indexed Annuity Leadership Council (IALC), only nine percent are focused on diversifying their portfolio, which is essential to managing financial risk heading into retirement.

Read the full article here.

Forbes: These Are Uncertain Times, But Reaching Financial Certainty In Retirement Is Still Possible
Today, Americans are faced with endless uncertainty, like what’s ahead for the tax code, health care and Social Security, to name a few. But removing some uncertainty surrounding retirement is an obtainable goal all Americans can strive to achieve.

Read the full article by Jim Poolman here.

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