The Number 1 Concern for Retirees with Pensions (the surviving spouse)

(don’t forget to checkout the video too)

Pensions are a great source of guaranteed income for retirement. 😎

They provide an income stream that you can NEVER outlive.

This helps address the number 1 concern for people in #retirement ….

Running out of money.

But, a lot of company pensions have a big drawback that a lot of people aren’t aware of.

It’s the survivorship benefit.

So many retirees have all of their retirement income completely covered with a pension…

Unless the pension owner dies 😳

That’s when the pension income is often REDUCED DRASTICALLY.

This isn’t the end of the world but it’s a very important point to consider.

The 2 ways to fill this gap are to either take the lump-sum on the pension and utilize a joint annuity through a private company…

Or have the pension owner carry enough life insurance to ensure that the income gap is covered.

Let’s chat 💬😎