New York Life® - A Secure Income During Retirement
Like most retirees, you’ve probably spent years saving for retirement in the hope that you will have enough money to enjoy yourself for years to come. But today, you may be hesitant to spend that nest egg because you are not sure how long you will need it to last. What’s more, market volatility may have eaten away at the value of some of the assets you were counting on during retirement.
There are many investment retirement plans out there that retirees have used for income, only to find out that they just don’t provide enough money on a consistent basis, or they are not guaranteed to last their entire life. What retirees are looking for, now more than ever, is a retirement income plan that is secure and one they can count on throughout retirement.
The good news is that there is a proven way to provide a lifetime retirement income that is guaranteed for as long as you live. An income annuity is the answer. With an income annuity from New York Life*, you can have guaranteed lifetime income that is not affected by what happens in the financial markets. That means a retirement check that comes to you every month, for the rest of your life – no matter what. In addition, New York Life’s* income annuities offer a number of useful features including a cash refund option that returns any remaining investment to your beneficiaries.
Guaranteed lifetime income annuities are a terrific way to help provide a secure retirement income that can be used to cover your basic expenses or discretionary needs. It can be a sound solution that provides peace of mind knowing that the money will always be there month after month.
New York Life*, one of the strongest and most financially stable insurance companies, is an industry leader in providing income annuities. It is a company that is dedicated to helping Americans establish a secure income stream during retirement.
*New York Life refers to both New York Life Insurance Company and New York Life Insurance and Annuity Corporation (NYLIAC). NYLIAC is a wholly owned subsidiary of New York Life Insurance Company. Lifetime Income Annuity contracts are issued by and solely the obligation of NYLIAC. Guarantee based on the claims paying ability of the issuer.