Will I have enough?

Life expectancy in the United States continues to be around all-time high levels.¹ While that’s great news, one drawback to a longer life is the greater possibility of outliving your savings. In fact, according to the latest data from the Natixis Global Retirement Index, 36% of Americans now believe that they will never have enough money to be able to retire, and about 41% said their ability to be financially secure in retirement is “going to take a miracle.”²

Figuring out the best way to make your savings stretch over the next 25 to 30 years can not only be confusing, it can also be overwhelming.

But it doesn’t have to be that way.

Insurance products like annuities can help provide a steady and reliable income stream for the rest of your life, while creating opportunities for long-term growth. We can help you incorporate products that fit with your unique financial situation and goals in a financial strategy designed to put you on the path to the retirement lifestyle you want.

¹ Cara Murez and Robin Foster. HealthDay Reporters. U.S. News & World Report. April 8, 2022. “U.S. Life Expectancy Drops for 2nd Year in a Row.” https://www.usnews.com/news/health-news/articles/2022-04-08/u-s-life-expectancy-drops-for-2nd-year-in-a-row. Accessed March 7, 2023.

² Jessica Dickler. CNBC. Sept. 14, 2021. “41% of Americans say it’s ‘going to take a miracle’ to be ready for retirement, report finds.” https://www.cnbc.com/2021/09/14/36percent-of-americans-say-they-wont-have-enough-to-retire-report-finds.html. Accessed March 7, 2023.

Strategies for Financial Independence

It is important to feel you have control over your future. At Saoud Financial, we offer our experience and knowledge to design a specific plan of action that helps you work toward your financial independence.

To schedule a time to discuss your financial future and the possible role of insurance products in your financial strategy, contact us at jelsey@SaoudFinancial.com or call us at 586.225.7171 today!

All investments are subject to risk including the potential loss of principal. No investment strategy can guarantee a profit or protect against loss in periods of declining values. Any references to guarantees or lifetime income generally refer to fixed insurance products, never securities or investment products. Insurance and annuity product guarantees are backed by the financial strength and claims-paying ability of the issuing insurance company.