Food for Thought: You may just spend more time in retirement than you did in the workforce, another 25-40 years. That's a long time to rely on retirement assets. Remember that pensions and social security can't be your sole source of retirement income. You've got to think outside the box of how to maintain the lifestyle you want in retirement. You may want to consider a fixed index annuity. It provides tax-deferred growth without the worry of a declining market. When you are ready, you can convert into a steady, guaranteed lifetime income stream. |