Whether your financial goals encompass growth of your retirement assets, guaranteed* retirement income, or both, New York Life and its family of companies provides an array of solutions to help you manage your financial objectives.
You've saved money your entire life, building a nest egg to fund a retirement of which you've always dreamed. The good news is that today's retirees are living active lifestyles and living longer than ever before. However, the longer you live, the more you risk outliving your savings.
Health care costs are increasing faster than overall inflation. These costs may include ongoing expenses for medicine or a large, one-time expense for an acute illness. While retirees are enjoying longer, more productive lives than ever, the risks of rising health care can really cut into their savings.
Since folks are living longer, a retirement income strategy that keeps pace with inflation is a challenge all retirees will face. Successful retirement planning is part asset accumulation and part asset protection.