Retirement Planing & Spouse Program
Dramatic advances in healthcare have extended the lives of people in, predominantly,
first-world and developed countries. That means that
without adequate personal savings and/or pensions, people could easily outlive their retirement funds.
In times of economic downturn retirees may choose to "come out of retirement" and re-enter the workforce on a seasonal,
part-time or full-time basis to earn income and obtain benefits, especially costly health insurance coverage.
Think Variable Options when you think retirement. We have well structured retirement portfolio
designed to suit each unique investor. Our vision for you is to retire and never worry about
running out of money.
How does retirement plan work?
A pension plan is a retirement plan that requires an employer to make contributions
into a pool of funds set aside for a worker's future benefit. The pool of funds is invested on
the employee's behalf, and the earnings on the investments generate income to the worker upon retirement.
In the simplest sense, retirement planning is the planning one does to be prepared for life
after paid work ends, not just financially but in all aspects of life. The non-financial
aspects include lifestyle choices such as how to spend time in retirement,
where to live, when to completely quit working,
etc. A holistic approach to retirement planning considers all these areas.
The emphasis one puts on retirement planning changes throughout different life stages.
Early in a person's working life, retirement planning is about setting aside enough
money for retirement. During the middle of your career, it might also include setting
specific income or asset targets and taking the steps to achieve them. Once you reach
retirement age, you go from accumulating assets to what planners call the distribution phase.
You’re no longer paying in; instead, your decades of saving are paying out.