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Income protection is key to having what you need in retirement
There’s a difference between “Hoping” you will have enough income in retirement—and “Knowing” you will because you’ve protected your income.
Without
income protection
Hoping market downturns will be short-term
Hoping you will have enough money to last your retirement
With
income protection
Knowing your minimum guaranteed income will never be subject to market risk
Knowing your retirement income will last forever
Fifty percent (50%) of households are “at risk” of not having enough
to maintain their living standards in retirement.1
1 National Retirement Research Index; Copyright 2019, Trustees of Boston College, Center for Retirement Research. All rights reserved, https://crr.bc.edu/special-projects/national-retirement-risk-index/.
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