Provide For Your Retirement

Income that lasts as long as you choose

When retirement expenses are higher than planned, they can eat away at even the most carefully planned retirement accumulation and income strategy. In a recent consumer study, Genworth found 64% of pre-retirees expect their expenses to decrease in retirement. Reality: 52% of those already retired reported their expenses either stayed flat or even increased. How will retirement impact your living expenses? Calculate it. See the full Future of Retirement Income Study.



Please enable 'background colors and images' in your print preview options

52% of people told us their "expenses stayed the same or even increased during retirement."

See the retirement study, explore your options >

Source: The Future of Retirement Income Study, Genworth, October 2013


 

Inflation is important to consider too: It can reduce the purchasing power of your retirement income by increasing the future costs of goods and services. See the impact inflation has on your purchasing power. Calculate it.

So how can you protect your retirement savings?

When included as part of your overall retirement strategy, deferred annuities can be part of the solution. 

These types of annuities can help offset the erosion powers of inflation via interest credited that can potentially exceed traditional, conservative financial products.  Annuities also can increase your overall growth through the power of tax deferral, lessening taxes paid in the near-term.

Annuities protect your contract value from market loss, a valuable benefit that many other financial products cannot provide. So how does an annuity stack up against many other conservative financial products? Find out here.

Related videos

155624D 11/05/13

Print
Annuities clarified. Three questions to ask. Download worksheet.

Be the first to get:

  • Updated site content
  • The latest calculators
  • New videos