RETIRE WITH CONFIDENCE
Live the life you want.
On your terms. And your budget.
Don't Just Dream It. Plan for It.
What do you want to do when you retire? Travel to far-off places? Start a new hobby? Support causes and organizations you care about? Cherish moments with your loved ones? Whatever your dreams, you have the power to help make them a reality.
You've worked for years to get here: the homestretch to retirement. Exciting? Definitely. But if you're also feeling a bit nervous, you're not alone.
A survey by the Insured Retirement Institute reports that 75% of baby boomers aren't confident they've saved enough for retirement.1
Beating those odds starts with the questions you're probably already asking: How much money do I need to retire? And how will I make those savings last?
The answers require thoughtful planning. A Thrivent Financial professional can help.
No two people imagine retirement the same way. That's why Thrivent Financial offers a wide range of products and services to help you meet your goals.
MAINTAIN A GUARANTEED INCOME
There are many types of annuities. But their core function is straightforward: You pay a premium to an insurance provider. Later, the insurer pays you a set amount of money each month.2 That helps provide a guaranteed stream of income in retirement for a set amount of time – in some cases, the rest of your life.3
GET MORE OPTIONS WITH CASH VALUE
Unlike other types of life insurance, permanent life insurance doesn't expire (as long as required premiums are paid) – and it can offer cash value on top of a typical death benefit. Cash value has potential to grow over time, and you can access it to address financial needs during your lifetime.4 That sort of flexibility can help you feel more at ease – and help you face unexpected expenses in retirement.
PLAN FOR THE CARE YOU MAY NEED
Long-term care insurance can help you protect your dreams, future and independence by helping you pay for the care you may someday need – either in a facility or your home. By planning ahead, you can feel content knowing you can afford services that may not be covered by Medicare or your current health and disability income insurance.
Wondering how to reach your retirement income goals? This calculator can help you set some savings targets.
Want to Change the Subject?
Expecting another major event? Curious about an upcoming life stage? Explore more twists and turns you may need to navigate. And learn how Thrivent Financial can help.
MORE TO EXPLORE
Planning to leave the 9-to-5 within the next 10 years? These steps can help you plan for retirement and make the transition.
Your insurance strategy can help provide protection and flexibility for you and your family. In particular, cash value life insurance can provide a range of options. And getting cash out of your life insurance may be easier than you think.
Some term life insurance contracts allow you to convert your term contract into permanent insurance. Term life contracts expire after a set time period, or "term." Permanent life insurance can last for your lifetime. Should you convert?
Long-Term Care Insurance Contract
1 Source: .
2 Occurs once the annuity annuitizes or an income rider is activated.
3 Guarantees are backed by the financial strength and claims-paying ability of issuing insurance company, Thrivent Financial for Lutherans.
4 Loans and surrenders will decrease the death proceeds and the cash surrender value available to pay insurance costs. Surrenders may generate an income tax liability and may be subject to a decrease charge. A significant taxable event can occur if a contract terminates with outstanding debt. Contact your tax advisor for further details. Loans and surrenders may cause a contract to lapse or terminate without value. Loaned values may accumulate at a lower rate than unloaned values.
This is a solicitation for insurance. A Thrivent Financial professional may contact you. Thrivent Financial professionals are licensed insurance agents/producers.
These contracts have exclusions, limitations, reductions of benefits and terms under which the contract may be continued in force or discontinued. For costs and complete details of coverage, contact your licensed insurance agent/producer.