Retirement income without an expiration date. Guaranteed.
James and Emma look forward to retiring, but weren't sure they could maintain their lifestyle once they did. So they put money into a future income annuity; locking in a lifetime of income payments, like social security. Now they know they can retire without sacrificing their way of life.
After their initial purchase, James and Emma plan to add more money over time to steadily grow their annuity income. Instead of spending money on the 'nice-to-haves' like their daily gourmet coffee, that money will go toward the annuity, and their future retirement.
The day after James and Emma retired, their first annuity income payment was deposited into their checking account. The fixed payments were enough to cover the utility bills, gardening supplies, an annual cruise – and even their gourmet coffees.
Like clockwork, the fixed income payments from New York Life arrive month after month. Thanks to the dependable annuity income, Social Security and other savings, Emma and James worry less about finances and focus on the things that bring joy to their retirement.
What You Should Know
How long the average retirement lasts.1
Many experts suggest finding a product that provides income you can count on for life.Read More
62% of pre-retirees
worry they’ll run out of money.2
Find out how much you may need to save to reach your retirement income goal.Read More
ONLY 34% of workers
expect to be better off in retirement than their parents.3
Learn how to maintain your financial independence in retirement.Read More
If you have questions, New York Life is here to help.
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