Retirement Income Plans

Stream of reliable income during retirement years

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Retirement income plans provide a stream of reliable income during a retiree's retirement years.

Retirement income plans pay out either for a fixed period (limited years) or for life (annuities) and provide some life insurance coverage for the insured person. You could decide if you prefer fixed, increasing or variable payouts, the payout amount you need and age at which the plan pays out.



Uses of Retirement Income Plans

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Provide reliable stream of retirement income
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Reduce risk of outliving resources using annuities (provides income for life)
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Achieve better returns better than a bank's savings account interest rate

How much do you need?

Questions that could help you discover:

  • How much monthly retirement income do you need?
  • How long an income stream do you require?
  • How much resources can you set aside to save?
  • What are your other sources of income for retirement?
  • Is there a need to have additional payout during maturity?
  • Do you have a need for high death benefit?

To find out how much Retirement Income you need for a comfortable retirement, use this simple Retirement Income calculator.


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Compare Retirement Income Plans

Stream of reliable income during retirement years
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