Today’s Retirement Landscape
In today’s economy, planning for retirement and ensuring you’re making the right decisions for your situation is a complicated process.
Americans are living longer, and many retirees are outliving their savings. As life expectancy increases and the retirement burden shifts to individuals, there is a critical need for effective retirement solutions.
New Retirement Challenges
Current retirement options often fall short. Savings accounts and Certificates of Deposits (CDs) typically offer low rates with limited benefits. Other investment options come with risks that can be especially problematic for retirement-aged individuals, including stock market volatility, interest-rate risk, and credit risk.
Annuities have a number of features that can help address some of the pitfalls of other financial products used for retirement.
Retirement Income Options
Most Americans do not prioritize retirement early enough, which is why many traditional options do not fully meet the financial needs of retirees today.
Fixed annuities are designed specifically to benefit those who are already retired or nearing retirement age.
| Product/Source | Income | Principal Protection |
|---|---|---|
| Stocks | LOW | LOW |
| Bonds | MODERATE | MODERATE |
| Bank Products | MODERATE | HIGH |
| Fixed Annuities | HIGH | HIGH |
NexAnnuity and Ohio State Life are not registered investment advisors. The information on this webpage is intended for informational and/or educational purposes only and is not, in any way, to be considered investment advice nor a recommendation of any product or service. Any discussion or mention of retirement strategies and considerations, products, or taxes is for general informational purposes only, does not purport to be complete or cover every situation, and should not be construed as legal, investment, tax or accounting advice. NexAnnuity, Ohio State Life and their affiliates, including any distribution partners, do not offer legal, investment, tax or accounting advice. Please consult your own qualified legal, investment, tax and accounting advisors.
