Retirees sometimes get to the point where, as the saying goes “it is what it is” and there “is” only so much money in their retirement savings account, and it won’t or can’t get any bigger. So then the question becomes, what can be done with that savings to last through what is hopefully a very long retirement? We have told you in the past about different articles that discuss financial products that exist that can turn a retirement savings account into an income stream that you can’t outlive. But, did you know that there are new ways to increase that lifetime income by up to 25% off of that same sum of money? It’s not magic, and it’s not too good to believe. It’s just something you may not be aware of.
Call us, we’re always here to help, and that means trying to make sure you are aware of new and different lifetime income options that may be available to you.