Our clients do not want to rely on just social security or a pension during retirement. We give them freedom by providing an additional guaranteed monthly income that they cannot outlive.
Strategies to provide an additional guaranteed monthly income that you cannot outlive
Prevent relying only on pensions and Social Security for your retirement security
Take proactive steps to manage the risk of outliving your financial resources
Our clients do not want to rely on just social security or a pension during retirement. We give them freedom by providing an additional guaranteed monthly income that they cannot outlive.
Strategies to provide an additional guaranteed monthly income that you cannot outlive
Prevent relying only on pensions and Social Security for your retirement security
Take proactive steps to manage the risk of outliving your financial resources
The US retirement-savings system has three main elements: Social Security, Retirement-savings plans (or employer-sponsored pensions), and individual savings. Unfortunately, with fewer stable jobs and a decline of pensions, a more significant share of mature Americans are relying only on Social Security as their primary source of monthly income without considering how to best leverage the other two parts of their financial pillars.
You are not alone if you are worried about running out of money. Several studies reveal out of money is the number one thing that scares people about retirement…even scarier than dying.
A recent survey by the Transamerica Center for Retirement Studies found that respondents most frequently cited their primary fears as declining health requiring long-term care (47 percent), a reduction in or elimination of Social Security (47 percent), and losing their independence (38 percent).
There are many genuine, tangible factors contributing to growing concern and heightened risk of out of money. We are living longer, don’t save as much as we should, costs are on the rise while wages stagnate, and fewer people have pension plans. These just a few of the key reasons more of us are at risk of outliving our financial resources.
If you’re struggling in retirement, you don’t have to deal with it all on your own. Peak American addresses this issue with solutions that guarantee you never run out of income — even if your savings run dry.
If you don’t want to run out of monthly income, you need to take action today. Contact Peak American today to find out how you can protect your assets from risk while leaving money to your heirs tax-free.
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Peak American Financial Companies, Inc. and Peak American Financial Group, Inc. is not a chartered bank or trust company, or depository institution. It is not authorized to accept deposits or trust accounts and is not licensed or regulated by any state or federal banking authority.
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