Americans recognize the importance of having a source of monthly income they can’t outlive to cover their essential living expenses during retirement, according to TIAA’s 2017 Lifetime Income Survey. However, many Americans who are not retired lack access to investment options that can provide guaranteed income for life. Learn more here .
TIAA Lifetime Income Survey executive summary
Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value.
This material is for informational or educational purposes only and does not constitute a recommendation or investment advice in connection with a distribution, transfer or rollover, a purchase or sale of securities or other investment property, or the management of securities or other investments, including the development of an investment strategy or retention of an investment manager or advisor. This material does not take into account any specific objectives or circumstances of any particular investor, or suggest any specific course of action. Investment decisions should be made in consultation with an investor’s personal advisor based on the investor’s own objectives and circumstances.
Certain products and services are only available to eligible individuals.
Any guarantees are subject to the issuer’s claims-paying ability. Payments from variable annuities will rise or fall based on investment performance.