With fewer and fewer companies offering pensions and defined benefit plans, it’s become rarer and rarer for anyone to have a future income stream that he or she can rely on during retirement. Several financial products, like annuities*, provide an investor the opportunity to solve that problem by creating his or her own personal pension. A comprehensive financial plan with all of your goals, objectives, and concerns can also help alleviate the stress of worrying about running out of money.
*Annuities may charge additional fees and charges for guarantees and riders. Annuities are an insurance product and include charges related to insurance benefits provided by the contract.