RETIREMENT INCOME STRATEGIES
Build Income for the Retirement You've Worked For
Retirement planning isn't only about how much you've saved. It's about how your resources can work together to provide income, manage risk, and support the life you want throughout retirement.
Retirement Changes the Question
During your working years, the focus is often on building your savings. As retirement approaches, the question becomes: How will what you've accumulated support you for the rest of your life?
Saving for Retirement Is Only Half the Journey
During your working years, the goal is often to accumulate assets. Retirement changes the equation. Your resources may now need to generate income, withstand market changes, address healthcare needs, and potentially last for decades.
Income
Turning accumulated resources into retirement income.
Longevity
Preparing for the possibility of a long retirement.
Market Risk
Understanding how market losses can affect retirement income.
Healthcare & Extended Care
Preparing for healthcare and potential extended-care expenses.
Where Will Your Retirement Income Come From?
Retirement income may come from several sources. Understanding what you have—and the role each source may play—can help you build a more coordinated retirement strategy.
Social Security
Benefits you've earned through your working years.
Pensions
Employer-sponsored income that may provide payments throughout retirement.
401(k)s & IRAs
Retirement accounts you've accumulated during your working years.
Savings & Investments
Personal savings, brokerage accounts, and other financial resources.
Insurance Company-Backed Strategies
Solutions that may provide protected accumulation, guaranteed income, and other retirement-focused benefits.
The goal isn't necessarily to rely on one source. It's to understand how your available resources can work together to support the retirement you envision.
Your Strategy Changes When the Paychecks Stop
While you're working, the focus is often on earning, saving, and accumulating. In retirement, the challenge changes: the resources you've built may now need to provide income for the years ahead.
EARN
Generate income through your work.
SAVE
Set aside a portion of what you earn.
ACCUMULATE
Grow your resources over time.
THE TRANSITION
ASSETS
The resources you've accumulated become your foundation.
INCOME
Those assets may need to provide reliable income.
LIFESTYLE
Income supports the retirement lifestyle you envision.
Why the Transition Matters
Once withdrawals begin, market losses can have a different impact than they did during your accumulation years.
Timing of Returns
The order of market ups and downs can affect outcomes.
Withdrawal Strategy
How much you take out-and when-can impact how long your resources last.
Longevity
The longer retirement lasts, the more important a resilient strategy may be.
A well-coordinated strategy considers both the growth of your resources and how those resources may provide income for the road ahead.
Building A Retirement Income Strategy
Protect a Portion of Your Resources
Explore ways to help reduce the impact of market losses on money intended for retirement income.
Create Reliable Retirement Income
Consider strategies designed to provide predictable income you can count on throughout retirement.
Maintain Growth Potential
Balance the need for protection with opportunities for your resources to continue growing.
Prepare for the Unexpected
Consider longevity, healthcare, extended care, and legacy needs as part of the broader strategy.
The right balance is different for everyone. PEARL helps you understand your options and determine how different strategies may fit together based on your needs, goals, and priorities.
Exploring Insurance Company-Backed Retirement Strategies
Certain insurance company-backed strategies are designed to help address some of the challenges that come with retirement—balancing growth potential, protection, and the need for dependable income.
Depending on the strategy and contract selected, these solutions may offer features designed to support several retirement priorities.
1. Protect From Negative Index Performance
Certain strategies can protect contract value from losses caused by a decline in the market index used to determine interest credits.
2. Participate in Index-Linked Growth
Interest-crediting potential may be linked to the performance of a market index, subject to the terms and limitations of the contract.
3. Create income You Cannot Outlive
Certain strategies can provide guaranteed lifetime income, helping create a source of retirement income designed to continue for life.
4. Add Protection for Life's What-Ifs
Some strategies may offer additional benefits or optional riders designed to address qualifying health events, extended-care needs, or legacy goals.
GROWTH POTENTIAL
DOWNSIDE PROTECTION
LIFETIME INCOME
A MORE RESILIENT RETIREMENT INCOME STRATEGY
The goal isn't to chase market returns. It's to determine how much of your retirement resources should remain positioned for growth, how much may benefit from greater protection, and how those resources can work together to create the income you need.
Features, guarantees, interest-crediting methods, limitations, fees, surrender charges, and optional benefits vary by insurance company and contract. Guarantees are backed by the claims-paying ability of the issuing insurance company.
How Much Retirement Income Will You Need?
Your retirement strategy starts with understanding the difference between the income you may already have and the income you may need.
Your retirement savings and other resources may help fill that gap—but how those resources are positioned can affect how reliably they support you throughout retirement.
3 Questions to Help You Get Started
1. What income will you alread have?
Social Security, pensions, and other dependable income sources.
2. What will retirement cost?
Housing, everyday living expenses, healthcare, travel, taxes, and other priorities.
3. Is there a gap?
Determine how much additional income your accumulated resources may need to provide.
Want to See Where You Stand?
Use our Retirement Readiness Visual Checklist or Interactive Worksheet to identify your income gap and discover opportunities to create a more confident retirement.
Putting the Pieces Together
Retirement income planning isn't about choosing a single product or relying on a single source of income. It's about understanding what you have, what you may need, and how the different pieces can work together.
PEARL helps you bring those pieces into focus and build a strategy around your needs, goals, and priorities.
Understand Where You Stand
Review your income sources, retirement sources, expected expenses, concerns, and priorities.
Identify the Gaps
Identify areas where additional income, protection, or planning may be needed.
Explore Your Options
Understand the strategies available to you and the role each may play in your retirement.
Build Your Strategy
Bring the appropriate pieces together into a coordinated strategy designed around you.
P E A R L
Income Management
Your Retirement. Your Resources. Your Strategy
PEARL's role is to help you understand your choices—not simply sell you a product. We help you evaluate how Social Security, pensions, retirement accounts, savings, insurance company-backed strategies, and other resources may work together.
There is no one-size-fits-all retirement strategy. The right approach begins with understanding you.
READY TO TAKE THE NEXT STEP?
Let's Talk About Your Retirement Strategy
Whether you're approaching retirement, already retired, or simply want a clearer picture of where you stand, PEARL can help you understand your options and determine your next step.
No one-size-fits-all approach. Just a conversation about you, your resources, and your goals.