By Colin Devine and Ken Mungan

WhitePaper Overview

We set out to explore and analyze whether traditional retirement income planning strategies – for example, the commonly used “4% withdrawal rule” – are sufficient to meet and mitigate the many financial risks that retiring Baby Boomers and subsequent generations will carry with them into later life. The results provided by our research and models present substantial cause for concern, particularly within a world where increasing volatility has arguably become the norm. Fortunately, we believe there are certain tested approaches to providing protected lifetime income that can help offer the financial security and peace of mind Americans are seeking as they enter a phase that for many could be a third of their lifetime.