Karen: Looking for income later
“It’s important for me to grow my savings so I can retire when and how I want.”
Karen is five years from that big day. She wants to be sure her retirement goals are on track, but she's concerned about losing the money she's worked hard to save.
Why an American Legacy® Target Date Income variable annuity and the Target Date Income Benefit, available at an additional cost?* variable annuity?
- Her future income will grow at a minimum of 6% each year.
- Target date funds keep her invested for growth opportunities.
Karen likes this plan because it:
- Helps her close the gap between her current savings and where she’d like to be when she retires.
- Simplifies her retirement income plan, so she can focus on what matters most to her.
*The Target Date Income Benefit is available for an additional annual charge of 1.10%, or 1.35% for joint coverage, above standard contract expenses (maximum annual charge of 2.25% single and 2.45% joint). As your Protected Income Base increases, your cost will increase proportionately. Withdrawals in excess of the allowable amount will adversely impact lifetime income amounts. Investment requirements apply.
Important information and disclosures