Sound Retirement Solutions^SM

This component provides you with the opportunity to sustain your long-term needs and maintain your standard of living. Future growth, if any, may allow you to create additional Predictable Income to help keep pace with inflation or to leave a legacy to your heirs.

Examples of Growth Strategies

• Stocks
  A type of security that signifies ownership in a corporation.
• Bonds
  A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate.
• Mutual Funds
  An investment vehicle made up of a pool of money collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and similar assets. Investing in mutual funds involves investment risk. Shares, when redeemed, may be worth more or less than their original cost.
• Variable Annuities
  A variable annuity is a contract offered by an insurance company that can be used to accumulate savings tax deferred. You allocate your premium among a number of subaccounts, which invest in corresponding underlying funds offered through the contract. Your contract value, which fluctuates over time, reflects the performance of the underlying investments held by the subaccounts you have selected, minus the contract expenses. Investing in variable annuities involves investment risk. Units, when redeemed, may be worth more or less than their original cost.

This component allows you to react to life’s needs without withdrawing from other assets that could affect your predictable income stream. The Access component can provide income for emergencies, as well as additional supplemental and/or discretionary spending.

Examples of Access Strategies

• Bonds
  A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate.
• CDs
  A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term of a CD generally ranges from one month to five years.
• Fixed Annuities
  A fixed annuity is a conservative retirement vehicle designed to accumulate assets by crediting a fixed rate of interest for set period of time. It can also provide a guaranteed income stream during retirement.*
• Money Market
  A segment of the financial market in which financial instruments with high liquidity and very short maturities are traded.
• Cash Value Life Insurance
  o A permanent life insurance policy that builds cash value.

* Guarantees are based on the claims-paying ability of the issuing insurance company.

This component covers the necessary expenses of your retirement. Having predictable income helps ensure a consistent amount of annual income, regardless of the market condition.

Examples of Predictable Income

• Bonds
  A debt investment in which an investor loans money to an entity (corporate or governmental) that borrows the funds for a defined period of time at a fixed interest rate.
• CDs
  A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC. The term of a CD generally ranges from one month to five years.

Examples of Guaranteed Lifetime Income*

• Immediate Annuities
  Annuities designed to start paying income within 12 months of the contract is initiated. There is little to no liquidity with immediate annuities.
• Variable Annuities with Guaranteed Minimum Withdrawal Benefits (GMWB)
  A GMWB is an optional benefit (offered for an additional charge) that generally provides guaranteed lifetime income through withdrawals that can begin immediately from a variable annuity. Many GMWBs allow level annual withdrawals for life, regardless of market performance. However, withdrawals in excess of the level annual withdrawal amounts could negatively impact the amount of guaranteed lifetime income. In addition, most GMWBs offer the potential to "step up" the annual withdrawal to a higher amount during periods of strong performance.

* Guarantees are based on the claims-paying ability of the issuing insurance company.