CORRECTING and REPLACING Bracing for the bear market: 78% of pre-retirees worry that market volatility will impact their ability to retire on time¹, Lincoln Financial Group research reports
The updated release reads:
BRACING FOR THE BEAR MARKET: 78% OF PRE-RETIREES WORRY THAT MARKET VOLATILITY WILL IMPACT THEIR ABILITY TO RETIRE ON TIME1, LINCOLN FINANCIAL GROUP RESEARCH REPORTS
As economic uncertainty has investors feeling lost in the woods, pre-retirees are bracing for the bear market, with 78% worried they will be able to retire on time2. Today,
Available exclusively with Lincoln Financial's variable annuities through broker-dealer and registered investment advisor channels, Lincoln ProtectedPay is a simplified approach to help provide protected income in retirement that can never be outlived – no matter how the market performs.
Variable annuities are long-term investment products that offer a lifetime income stream, access to leading investment managers, options for guaranteed growth and income (available for an additional charge) and death benefit protection.
Recent research also shows that only 31% of respondents (and 21% of Baby Boomers) feel very confident that their savings will last through retirement.3 Through Lincoln ProtectedPay, retirees receive reliable, protected payments throughout their lives.
“In the face of 2022’s bear market, investors may feel uneasy about how portfolio losses are impacting their retirement dreams,” said
The Lincoln ProtectedPay lifetime income suite offers customizable options to investors that best suit their needs. Product features include:
- Guaranteed growth of 6% for future income. If account performance is higher, the higher amount is locked in.4
- Investment choice and flexibility by building a portfolio that fits individual goals and preferences.
- Protected payments in retirement.
“Lincoln Financial is committed to manufacturing and distributing annuities and other financial protection products to help Americans retire with confidence,”
This is just the latest addition to Lincoln Financial’s broad and innovative portfolio of annuity solutions, which features more product choice than any other annuity carrier5.
Lincoln Protected Pay
lifetime income suite is not available in all states including
Lincoln Financial Group® affiliates, their distributors, and their respective employees, representatives, and/or insurance agents do not provide tax, accounting, or legal advice. Please consult an independent professional as to any tax, accounting, or legal statements made herein.
Variable annuities have fees and charges, including mortality and expense, administrative, and advisory fees. The annuity’s value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59½, may be subject to an additional 10% federal tax. Withdrawals will reduce the death benefit and cash surrender value.
Investors are advised to consider the investment objectives, risks, and charges and expenses of the variable annuity and its underlying investment options carefully before investing. The applicable prospectuses for the variable annuity and its underlying investment options contain this and other important information. Please call 888-868-2583 for free prospectuses. Read them carefully before investing or sending money.
Products and features are subject to state availability.
Lincoln variable annuities are issued by
Contracts sold in
All contract and rider guarantees, including those for optional benefits, fixed subaccount crediting rates, or annuity payout rates, are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer or insurance agency from which this annuity is purchased, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer.
There is no additional tax-deferral benefit for an annuity contract purchased in an IRA or other tax-qualified plan.
1 Source: Lincoln Financial, Monthly Consumer Sentiment Omnibus,
2 Source: Lincoln Financial, Monthly Consumer Sentiment Omnibus,
4 The [6%] simple annual growth will continue for the earlier of 10 years or through age 85 (based on the oldest life for joint). The [6%] enhancement is not available in any year a withdrawal is taken. In
5 Based on total amount of deferred annuities and riders actively marketed per each Top 10 carrier through