A 65-year-old man today can expect to live to 84; a woman will typically live to 86. One out of four 65-year-olds will live past 90 and one in 10 will live to at least 95. With good planning, these could be the best years of a person’s life.
If you want to learn how to help your retirement strategy supplement your retirement income, you may want to think about protecting your income with an annuity.
Social Security Administration, Calculators: Life Expectancy, 2019
IMPORTANT INFORMATION
*Source: Morningstar, Inc, as of December 2018 The Transamerica Advisory Annuity has an average expense ratio of 0.52% versus the annuity industry average of 2.24% excludes fee for optional riders. Actual expense ratios for the Transamerica Advisory Annuity range from 0.39% to 0.93% depending on the investment allocation. The expense ratio includes an administrative fee of 0.10% and a mortality and expense risk fee of 0.17% The expense ratio excludes additional fees that would apply if the Return of Premium death benefit rider is elected. The mortality and expense risk fee for Return of Premium is 0.37%. In addition, contracts with balances under $25,000 are subject to a $25 annual maintenance fee.
Annuities are long-term investments designed to help your retirement in two vital phases: accumulation and distribution. It's important to discuss with your financial professional if this is an appropriate option for you. For some, it can work great. For others, it's not the best fit. That's why we encourage you to understand how they work and what your options are.
A variable annuity is a contract between the owner and an insurance company that combines the flexibility and growth potential of professionally managed investment options with tax deferral and insurance company guarantees. This unique combination can be a valuable component of your long-term retirement plan.
They generally offer access to a wide range of professionally managed investment options, including money market, bond, and stock options, as well as diversified investment options managed to meet specific objectives. The variety of available choices allows you to develop an investment strategy tailored to your unique needs. Investment options are subject to market fluctuation, investment risk, and possible loss of principal.
IMPORTANT INFORMATION
All guarantees, including optional benefits, are based on the claims-paying ability of the issuing insurance company.
All policies, riders, and forms may vary by state and may not be available in all states. ICC19 TRGL22IC-R0319(IS), ICC19 TRGL22IC-R0319(IJ), TRGL22FL-R0319(IS), TRGL22FL-R0319(IJ), FRGL22NY-R0319(IS), FRGL22NY-R0319(IJ)