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Other Considerations
Partial Annuitization One essential option that should be considered upon retirement is partial annuitization. This allows individuals to use only that portion of their assets necessary to meet a “base-line income need” without allocating all of their retirement nest egg to an annuity. The remainder of the portfolio can continue to be invested for continued growth and tax deferred status which helps ensure that you don’t outlive your assets.		Diversification The principle of diversification is consistently utilized during the accumulation phase of retirement planning and the same concept can be applied to the decumulation phase as well. Although the participating insurance companies are all high quality carriers, diversification across multiple providers may be considered. Income Solutions® allows Transitioning Investors to diversify among providers.
Flexibility Every retiree’s situation is unique; for example, age, marital status, income needs and health; therefore, events or circumstances during retirement may require a change in the amount of monthly income needed as they progress through their retired years. Transitioning Investors can use Income Solutions® to make multiple annuity purchases over time to respond to their financial changes.