The path to retirement is a long and winding road. Most people spend several decades planning and saving for retirement. A lot can happen in 30 years. Financial market ups and downs. Career transitions. Health challenges. Family changes. During all that activity, it can be challenging to know where you stand on the path to retirement.
From annuities to Social Security and most everything in-between, here you'll find clear, simple explanations of each type of retirement income, including the basics of how they work, pros and cons, and some important considerations.
Given the economic circumstances many Americans have lived through over the past decade, it’s helpful to know that there are ways to take advantage of guaranteed retirement income benefits, regardless of where the economy heads in the future. This section will give you facts and insight to help you make wiser, sounder choices about your retirement income. The more you know, the better you can plan.