First of Its Kind Solution Helps Americans Meet Retirement Income Needs by Joining Target Date Fund Investing with Protected Lifetime Income
This unique solution combines the features and benefits of an annuity with the simplicity and efficiency of a target date fund.
- This unique solution combines the features and benefits of an annuity with the simplicity and efficiency of a target date fund.
- Today, we are announcing American Funds target date investing with Lincolns protected lifetime income solution to help investors fund the life they desire in retirement when facing increasingly longer lifespans.
- By including Capital Groups American Funds Target Date series strategy within Lincoln Financial Groups new variable annuity solution, customers can realize the benefits of glidepath investing, while also receiving protected lifetime income at a high income rate.
- 1 Greenwald & Associates and CANNEX, Fifth Annual Guaranteed Lifetime Income Study (GLIS), 2019
2 Alliance for Lifetime Income, Protected Lifetime Index Study, 2019
3 Mercer June 2019 survey; https://www.mercer.us/our-thinking/wealth/target-date-funds-highlights-a...