Guarantee Lifetime Income
To Guarantee Lifetime Income: It Can Be More than Just a Dream
Wouldn't it be great if you were able to guarantee lifetime income? After all, if you could guarantee lifetime income, you wouldn't have to worry about covering the costs of healthcare which have always increased as time goes on. You wouldn't have to worry about the possibility of not being able to afford to keep your home, nor would you need to be concerned about the risk of not having the money to travel, to enjoy your life on your terms, not would you find yourself unable to help with the things that you want to be there for like helping to contribute to your grandchildren's college tuition.
If you could guarantee lifetime income, you would be able to leave no questions unanswered, no risks of dreams being left unrealized. Unfortunately, knowing that you can guarantee lifetime income isn't a luxury that everyone is simply born with. Not only are most of us left saving so that we are able to prepare for unforeseen situations in the short term, we're also left having to plan carefully for the futures that we hope to have - and that has a tendency to bring with it more questions than answers, at least at first.
When it comes to making a plan to have some sort of a guarantee of lifetime income, these are just a few of the questions that many people have:
How can I be sure that the savings accounts that I choose will accrue the best possible interest rate?
What control can I take over my investments to maximize my income while minimizing risks?
Is there a stock, mutual fund or other investment that I could make that would change the outlook of my entire portfolio?
If I need to borrow against my savings to cover a cost in the short term, will I still have the income that I need once I've retired?
Is it possible to work with my savings and investment plans to ensure that I can expect to have a regular income after I'm no longer working?
Asking these questions is relatively simple; it's answering them that is a bit more challenging. Fortunately, when it comes to questions about having a guarantee of lifetime income, there are two things that you can do to to find answers. The first is to use our free retirement calculator to take a closer look at your savings and investments to see how they have performed, how they are performing and how they are projected to perform in the future; the second is something that follows in a natural progression - to talk with a financial advisor to get answers to those questions and those that come up while you're looking at your finances.
With our retirement calculator, you'll be able to get a feel for whether or not you will have a guarantee of lifetime income that you want to have available and even be able to test out a few alternatives that you're considering. More importantly, however, when a financial advisor calls you soon after you've started working with the retirement calculator, you'll be able to ask the questions that you have about savings and investments in general and about your portfolio specifically. You will also have the opportunity to talk about what steps you should be taking to ensure that you have the guaranteed lifetime income that will allow you to achieve all of the goals that you have for your retirement.
Why settle for having questions about your lifetime income when you can have the answers that you need instead? By using our retirement calculator and talking with a financial advisor, you'll be able to be sure that you have all of the information you need to make the right decisions for your future.