THE CRISIS THAT TODAY’S RETIREES face is unlike any before. Millions of Americans are retiring – or being forced into retirement thanks to the pandemic and economic conditions – without knowing if they’ll have enough to cover their basic expenses in retirement. This new uncertainty is actually a great time for a retirement reset – a chance to take a different look at your overall plan for retirement, and more specifically, your income in retirement.

It starts with a simple first step: Check Off the Basics. Begin by understanding how much income you need to cover your essential monthly expenses, such as your mortgage or medical expenses, utilities, groceries, gym fees or car payments. Step two is finding ways to help cover these expenses with protected lifetime income from an annuity – income you count on receiving every month, for the rest of your life, to help cover the gap that Social Security leaves. When you Check Off the Basics, you can use the rest of your savings to enjoy the retirement you want.

No one knows what the new normal will look like exactly, but with an annuity to help cover the basics, you’ll reduce the uncertainties and feel more secure and confident about your future – whatever it brings.