精东影业

How do I鈥

Secure Retirement Income?

Being happily retired looks different for everybody. Maybe you want steady retirement income that lasts or supplemental income to help you meet the unexpected in life. Establishing your goals now is the first step toward enjoying a more secure and fulfilling future.

Being happily retired looks different for everybody. Maybe you want steady retirement income that lasts or supplemental income to help you meet the unexpected in life. Establishing your goals now is the first step toward enjoying a more secure and fulfilling future.

Will my money last through retirement? It鈥檚 the question facing most pre-retirees. If you鈥檙e not confident in your plan for the future, now is听 the time to look at solutions that can help ensure that your money lasts as long as you do. From ways to maximize your retirement savings to closing the savings or Social Security benefits gap, we can help. Partner with your financial professional to look down the road. While no one knows how long your savings will stretch, there are ways to help make certain you鈥檒l always have enough.听

How can I feel more confident about my financial future?

It鈥檚 a matter of creating a holistic plan. Until you look at your specific goals and delve into your particular financial situation, your planning about the future is hypothetical. Remove the uncertainty by determining where you anticipate your retirement income will come from and develop a customized plan to fill any gaps. A financial professional can help you create a retirement income strategy you feel confident about.


1 Bankrate, 鈥淢ore than half of American workers say they are behind in saving for retirement鈥
2 Employee Benefit Research Institute, 鈥2019 Retirement Confidence Survey Summary Report"

Will my 401(k) be enough?

401(k)s are popular retirement savings vehicles, but many Americans don鈥檛 use them to their full advantage. Plus, if you鈥檙e asking if your 401(k) balance will be enough to live on in retirement, you may need to rethink the question. Instead, ask: Will my 401(k) be my only income stream in retirement beyond Social Security benefits? If you answered yes, you should probably explore more options. That鈥檚 because your 401(k) funds may have to last two decades or more. So make the most of your 401(k), but consider other retirement income solutions, too. Annuities, for instance, provide protected lifetime income and can supplement your retirement accounts.听


1 Financial Engines, 鈥淢issing out: How much employer 401(k) matching contributions do employees leave on the table?鈥
2 Bank of the West, 鈥2018 Millennial Study鈥

Do I need to change my investing style as I get closer to retirement?

We all have different levels of risk we are willing to take on, and while your risk tolerance may not change much, your time horizon to retirement does. No matter where you fall on the risk tolerance spectrum, a financial professional can help guide you based on how far鈥攐r close鈥攜ou are to retirement. They can help create a plan that balances your risk tolerance with your time horizon in order to achieve potential growth and preserve your retirement savings. In the meantime, assess your risk tolerance with our calculator.

Customer Stories

Retirement is lasting longer

As the length of retirement increases, so does the amount you'll need to live comfortably in those years.

View our infographic for interesting facts & figures about retirement.

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Products To Help You Save

Variable Annuity

A variable annuity is designed to provide reliable monthly income that lasts for life. It is a long-term investment that can help you grow your retirement savings faster by investing in a diverse selection of investment options while deferring taxes until you take income. The market-based investment performance will be variable, meaning it can go up or down. Variable annuities also allow you to provide for loved ones through a guaranteed death benefit.

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Fixed Indexed Annuity

A fixed indexed annuity is designed to provide reliable monthly income that lasts for life. It protects your principal, while providing growth opportunity based on the positive movement of an index, such as the S&P 500庐 index. Fixed indexed annuities enable you to grow your retirement savings faster by deferring taxes until you take income, creating lifetime income, and providing for loved ones through a guaranteed death benefit.

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Mutual Funds

Offers the opportunity to meet savings goals by growing money through a professionally managed portfolio of market-based investments (e.g., stocks, bonds, and more).

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Deferred Income Annuity

A fixed, deferred income annuity is designed to provide reliable income that begins in the future, on a date that you choose. With it, you can tailor income to fit your needs and create income that lasts for life.

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Cash Value Life Insurance

Offers death benefit protection with tax deferred cash value build up, and ability to access the cash value via policy loans and withdrawals.听

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Find a Financial Professional

You want to reach your goals. A financial professional can help you get there.

Frequently Asked Questions

What options do I have to supplement my financial portfolio?

Over time, market-based investments like stocks and bonds will both rise and fall. When you鈥檙e young, and have lots of time ahead of you, there鈥檚 a good chance your investments may recoup losses. But the closer you are to using your portfolio for income, the more you may want to be protected from market losses. That鈥檚 one reason why supplementing your portfolio with financial products that guarantee protection from market losses鈥攆or example, CDs, fixed annuities, and certain life insurance鈥攃an help make your retirement years more secure. Talk to your financial professional to learn more.

When should I start taking Social Security income?

Procrastination can be a bad thing 鈥 unless you鈥檙e talking about Social Security. While you can start taking Social Security as early as age 62, waiting longer will mean a larger amount in your Social Security checks. However, there are many factors to consider when thinking about the 鈥渞ight time鈥 to begin your benefits. If your health isn鈥檛 good or you need Social Security to meet everyday living expenses, you might want to begin earlier rather than later. Talk to your financial professional. He or she can help you make a decision that鈥檚 right for you.

How do I determine the best income strategy for me?

Work with your financial professional. He or she can help you determine how much income you may need to create a life that鈥檚 meaningful to you, and the financial products for generating that income.

How long do I need my savings to last?

No one can predict how long they鈥檒l spend in retirement, but many people today live well into their 70s, 80s, and even 90s. That鈥檚 why it鈥檚 important to have financial products that help you grow your money as much as possible and, down the road, turn it into income that can last your entire life.

How much can I expect to get from Social Security?

Social Security can be a great foundation for a long-term financial strategy. But for many, Social Security alone is not enough to provide a comfortable lifestyle. That鈥檚 why building your savings is so important. It鈥檚 the combination of your Social Security and savings that will determine the level of financial freedom you鈥檒l have during retirement. To find out more about how much Social Security you can expect, visit the website to get your personal Social Security statement.

How important is it for me to create lifetime income?

Think about Social Security. Now, imagine it doesn鈥檛 exist. How comfortable would you feel without the guaranteed lifetime income that Social Security provides? Creating lifetime income gives you a firm financial foundation on which to build a comprehensive long-term financial strategy, and products like annuities supplement Social Security with even more guaranteed lifetime income.

What is a retirement income strategy?

During our professional careers, investing is mostly about growing the amount of money we have. But when we retire, the emphasis often shifts to the goal of creating income. Specifically, how can we ensure our assets will provide enough income throughout the rest of our years to support a life that鈥檚 meaningful to us? Your financial professional can help you determine how much income you may need and how to create a strategy to meet your goals.

How does indexed universal life insurance work?

Indexed universal life insurance (IUL) is a type of cash value life insurance that provides death benefit protection and cash value growth potential that鈥檚 based in part on the performance of major stock market indexes. IUL does not directly participate in any stock or equity investments. Instead it credits interest to the cash value based in part on the performance of an index, excluding dividends.
When the index posts a gain, the policy credits a positive rate up to the policy鈥檚 stated current growth cap rate. When the index posts a loss, the policy caps the loss at the guaranteed minimum interest crediting rate, preventing a market-based loss.听

How does cash value life insurance work?

Cash value life insurance offers flexible premiums, flexible death benefit amounts, and the ability to access the policy鈥檚 available cash value via federal income tax-free policy loans and withdrawals. Your policy will stay in force as long you have sufficient cash value to cover your monthly policy charges.听

How do I supplement my Social Security income?

Creating a sound retirement strategy is a bit of a balancing act. Market-based investments, such as stocks, bonds, and mutual funds, may be important because they can help you grow your money, outpace inflation, and provide cash for unexpected expenses. But you also may want a certain level of guaranteed income. In other words, income you can count on to keep coming your way no matter how markets perform or how long you live. Social Security provides income like that. So do pensions. But if you鈥檇 like even more guaranteed income, talk to your financial professional about whether an annuity may be right for you. Annuities are the only financial product you can buy that provide guaranteed, lifetime income, and there are a variety you can choose from.

What is one way to create sustainable income?

While accumulating assets, you likely diversified among different types of investments to help weather varying market conditions. Similarly, when planning for sustainable income, it may be best to diversify among multiple products, such as mutual funds, deferred annuities, cash value life insurance, and guaranteed income solutions such as immediate annuities. While no single product can provide for all retirement goals, together, these products can help you: (1) manage the challenges you鈥檒l face in retirement, (2) maximize cash flow and sustain it for life, (3) provide access to your money, and (4) help meet legacy goals.

How can I generate income from my investment portfolio?

As you move towards retirement, you may want to consider how much of your portfolio you want to devote to growing your assets versus generating reliable income for everyday expenses. Typically, generating more income involves reallocating your assets for a greater emphasis on fixed-income and/or guaranteed-income products. Fixed-income products may include bonds or CDs while guaranteed income products include a variety of annuities. You may also want to consider increasing the number of dividend-paying stocks you own. Your financial professional can help you decide on an appropriate mix of financial products for your specific needs and lifestyle.

How are retirement assets generally taxed?

Taxes can impact how quickly your savings may grow. A savings instrument that accumulates tax-deferred will accumulate faster than one where growth is taxed annually. Taxes can also impact how much you get to keep once you begin taking income. Distributions from annuities, qualified retirement plans like 401(k), pension plans, and IRAs are generally taxed at income tax rates. Assets outside retirement plans like stocks, mutual funds, and real estate are generally taxed at capital gains tax rates. There is an often overlooked source that offers tax-free income鈥擱oth IRAs, municipal bond interest, and cash value life insurance death proceeds, loans, and withdrawals.

Explore How You Can Reach More Life Goals

Plan now, so you鈥檙e ready later

For you, family is one of the most important things in your life. You take care of them. They take care of you. Making sure that they鈥檒l always be taken care of, no matter what happens.

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Save Enough for My Future

You don鈥檛 know what the future has planned for you, but you want to be prepared for the unexpected and be able to achieve your goals.

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Plan now, so you鈥檙e ready later

For you, family is one of the most important things in your life. You take care of them. They take care of you. Making sure that they鈥檒l always be taken care of, no matter what happens.

LEARN MORE

Save Enough for My Future

You don鈥檛 know what the future has planned for you, but you want to be prepared for the unexpected and be able to achieve your goals.

LEARN MORE

Protect and grow my business

You want your business to maintain its competitive edge. Attracting talent and building a succession plan for the future means you can ensure your business stays in stable hands.

LEARN MORE

In order to sell life insurance, a financial professional must be a properly licensed and appointed life insurance producer.

Life Insurance is subject to underwriting and approval of the application and will incur monthly policy charges.

For tax-free death benefit proceeds: For federal income tax purposes, life insurance death benefits generally pay income tax-free to beneficiaries pursuant to IRC Sec. 101(a)(1). In certain situations, however, life insurance death benefits may be partially or wholly taxable. Situations include, but are not limited to: the transfer of a life insurance policy for valuable consideration unless the transfer qualifies for an exception under IRC Sec. 101(a)(2)(i.e. the transfer-for-value rule); arrangements that lack an insurable interest based on state law; and an employer-owned policy unless the policy qualifies for an exception under IRC Sec. 101(j).

For tax-free distribution: For federal income tax purposes, tax-free income assumes, among other things: (1) withdrawals do not exceed tax basis (generally, premiums paid less prior withdrawals); (2) policy remains in force until death (any outstanding policy debt at time of lapse or surrender that exceeds the tax basis will be subject to tax); (3) withdrawals taken during the first 15 policy years do not cause, occur at the time of, or during the two years prior to, any reduction in benefits; and (4) the policy does not become a modified endowment contract. See IRC 搂搂 72, 7702(f)(7)(B), 7702A. Any policy withdrawals, loans and loan interest will reduce policy values and may reduce benefits.

Guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company and do not protect the value of the variable investment options, which are subject to market risk.

精东影业, its distributors, and respective representatives do not provide tax, accounting, or legal advice. Any taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor or attorney.

Annuity withdrawals and other distributions of taxable amounts, including death benefit payouts, will be subject to ordinary income tax. For nonqualified contracts, an additional 3.8% federal tax may apply on net investment income. If withdrawals and other distributions are taken prior to age 59陆, an additional 10% federal tax may apply. A withdrawal charge and a market value adjustment (MVA) also may apply. Withdrawals will reduce the contract value and the value of the death benefits, and also may reduce the value of any optional benefits.

Under current law, a nonqualified annuity that is owned by an individual is generally entitled to tax deferral. IRAs and qualified plans鈥攕uch as 401(k)s and 403(b)s鈥攁re already tax鈥慸eferred. Therefore, a deferred annuity should be used only to fund an IRA or qualified plan to benefit from the annuity鈥檚 features other than tax deferral. These include lifetime income and death benefit options.

All investing involves risk, including the possible loss of the principal amount invested. The value of the variable investment options will fluctuate so that shares, when redeemed, may be worth more or less than the original cost. Please see the prospectus for a detailed description of investment risks.

The "S&P 500庐 index" is a product of S&P Dow Jones Indices LLC or its affiliates (鈥淪PDJI鈥), and has been licensed for use by 精东影业. Standard & Poor鈥檚庐 and S&P庐 are registered trademarks of Standard & Poor鈥檚 Financial Services LLC (鈥淪&P鈥); Dow Jones庐 is a registered trademark of Dow Jones Trademark Holdings LLC (鈥淒ow Jones鈥). 精东影业鈥檚 product is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500庐 index. . The index is not available for direct investment, and index performance does not include the reinvestment of dividends.

精东影业 refers to 精东影业 and its affiliates, including 精东影业 & Annuity Company. Insurance products are issued by 精东影业 in all states except New York and in New York by 精东影业 & Annuity Company. Product availability and features may vary by state. Each insurance company is solely responsible for the financial obligations accruing under the products it issues.

精东影业's Home Office is located in Newport Beach, CA.

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