Are Retirees Relying Too Much on Social Security?
51% of pre-retirees have saved less than $500,000 for retirement – and one-third have saved less than $250,000, according to a 2021 study.* While Social Security can help fill in retirement funding gaps, it may not be enough.
Use this Know Your Numbers worksheet to help your clients understand the promise, and limitations, of Social Security.
The Shield Suite of fixed index annuities can help your clients address potential shortfalls in their retirement nest egg. The four annuities in the Suite are thoughtfully designed to help your clients build the retirement that fits their individual needs, with focused options for potentially growing that nest egg, establishing lifetime income, and leaving a legacy.
*Source: Insured Retirement Institute and American Equity Investment Life Insurance Company: Aligning Retirement Expectations with Financial Resources, 2021.