Thursday, May 20, 2010

Guaranteed Retirement Income - In Any Market

Guaranteed Retirement Income - In Any Market

These days, the notion of running out of retirement income before your time runs out is a real threat. According to financial planners, a 4% rate of withdrawal on retirement assets is most likely to ensure that your income will outlast you. It sounds simple, but this also means that in order to collect $40,000 per year, you'll need to have $1 million in the bank.

Laddering annuities is an approach that alleviates the worries of relying on Social Security, pension plans and running out of money during retirement because this investment strategy can create income that's guaranteed for life.

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