Stages of your retirement
While everyone's vision of retirement may be different, we all share the same basic goals to help us be financially prepared. As you are planning your retirement, consider the following goals you may have at each stage.
Nine out of 10 Americans between the ages of 55-70 are concerned that inflation will erode their retirement income.¹
Stage 2: Live the retirement you have envisioned
During your working years, you depended on a paycheck to cover your essential life expenses. With retirement comes greater freedom and new priorities — along with the need to create your own reliable and secure source of income. Fewer people will be able to depend on Social Security or an employer pension to cover all of their needs.
How can you create a guaranteed income for yourself to supplement other sources of income? Will you have the income you'll need to cover essential expenses such as food, housing and healthcare? Will your money last as long as you need it?
RiverSource® annuities can help you recreate a “paycheck” in retirement, allowing you to live more confidently. While an annuity does not provide a paycheck in the traditional sense, converting an annuity to a guaranteed income stream offers you:
- Options for guaranteed lifetime income that can be tailored to your needs
- Optional benefits that can help protect your investments from losses as you continue to participate in the market
- Opportunities to help increase your income to keep up with cost of living increases
Your retirement could last 20, 30 or more years. How can you create a solid financial strategy that will help meet your needs over that time? RiverSource can help you take charge and replace uncertainty with the security of guarantees. Talk with your Ameriprise financial advisor today or call our Ameriprise Advisor Center at (800) 257-8740 8 a.m. to 5 p.m. Central time Monday through Friday.
The guarantees offered by RiverSource annuities are backed by the strength and soundness of RiverSource and our continued claims-paying ability. These guarantees do not apply to the performance of the investments in your annuity, which will vary with market conditions.
View important information about annuities
¹The MacroMonitor survey of consumer households: analysis of respondents with $100,000 or more of investable assets. ©Strategic Business Insights, MacroMonitor, 2010.