Are you concerned about maintaining a steady stream of income for the rest of your life? Do thoughts about your own longevity make you worry about your financial plan? Are you hoping to leave something for your loved ones after you’ve passed?
These fears are all valid. We’ve brought together our best resources around creating an income strategy targeting your unique goals—so you can enjoy the retirement you imagined.
It’s the question on everyone’s mind these days. The good news is with a little intentionality, there are ways to create a retirement plan that makes you feel confident.
The possibility of outliving your assets is known as longevity risk and is still a top concern among retirees. See the latest data on how savers and financial professionals are addressing this fear.
With the average income in retirement on the rise, making sure you have enough money saved is crucial. Read more to get a good sense on how much retirement income you'll need.
Is your portfolio as tax-efficient as it can be? Learn how non-qualified annuities could help reduce tax drag on investments and help achieve your financial goals.
Variable annuities with a range of investment options‡ and add-on benefits,§ available for an extra charge, offers ways to pursue growth, an element of protection and lifetime income.
Registered index-linked annuities (RILAs) designed to pursue growth while also helping to protect your investment from unforeseen market downturns.
Fixed index annuities designed to offer guaranteed lifetime income through an embedded living benefit along with growth potential and capital preservation opportunities.
*Tax deferral offers no additional value if an IRA or qualified plan, such as a 401(k), is used to fund an annuity and may be found at a lower cost in other investment products. It also may not be available if the annuity is owned by a legal entity such as a corporation or certain types of trusts.
†Diversification does not assure a profit or protect against loss in a declining market.
‡Select up to 99 investments and adjust options or allocations up to 25 times each contract year without transfer fees. To prevent abusive trading practices, Jackson restricts the frequency of transfers among variable investment options including trading out of and back into the same subaccount with a 15-day period.
§Add-on benefits that provide income for the length of a designated life and/or lives may be available for an additional charge. The amount of income that these benefits may provide can vary depending on the age when income is taken, and how many lives are covered when the benefit is elected. The cost of these benefits may negatively impact the contract's cash value. There is no guarantee that an annuity with an add-on living benefit will provide sufficient supplemental retirement income.
Annuities are long-term, tax-deferred vehicles designed for retirement and are insurance contracts. Variable annuities and registered index-linked annuities involve investment risks and may lose value. Earnings are taxable as ordinary income when distributed. Individuals may be subject to a 10% additional tax for withdrawals before age 59½ unless an exception to the tax is met. Add-on living benefits are available for an extra charge in addition to the ongoing fees and expenses of the variable annuity and may be subject to conditions and limitations. There is no guarantee that an annuity with an add-on living benefit will provide sufficient supplemental retirement income.
Before investing, investors should carefully consider the investment objectives, risks, charges, and expenses of the variable annuity and its underlying investment options. The current contract prospectus and underlying fund prospectuses provide this and other important information. Please contact your financial professional or the Company to obtain the prospectuses. Please read the prospectuses carefully before investing or sending money.
Jackson, its distributors, and their respective representatives do not provide tax, accounting, or legal advice. Any tax statements contained herein were not intended or written to be used and cannot be used for the purpose of avoiding U.S. federal, state, or local tax penalties. Tax laws are complicated and subject to change. Tax results may depend on each taxpayer's individual set of facts and circumstances. You should rely on your own independent advisors as to any tax, accounting, or legal statements made herein.
The latest maturity date or income date allowed under an annuity contract is age 95, which is the required age to annuitize or take a lump sum. Please see the prospectus for important information regarding the annuitization of a variable annuity contract.
Annuities are issued by Jackson National Life Insurance Company® (Home Office: Lansing, Michigan) and in New York by Jackson National Life Insurance Company of New York® (Home Office: Purchase, New York). Variable annuities and registered index-linked annuities are distributed by Jackson National Life Distributors LLC, member FINRA. May not be available in all states and state variations may apply. These products have limitations and restrictions. Contact Jackson for more information.
Jackson® is the marketing name for Jackson Financial Inc., Jackson National Life Insurance Company®, and Jackson National Life Insurance Company of New York®.
Products and features may be limited by state availability, and/or your selling firm's policies and regulatory requirements (including standard of conduct rules).