No Pension? No Problem.

Written by: Lincoln Financial Group

Find an income solution to match your needs, goals and retirement lifestyle

Chances are, you don’t have a pension ready to go when the paychecks stop. It’s up to you to use the money you’ve saved to support the lifestyle you have planned in retirement.

For those who want growth opportunities for the future, additional income protection or a plan to bridge a retirement income gap, a variable annuity with the optional Lincoln ProtectedPay^SM lifetime income suite delivers:

• Investment choice and flexibility
   
• Guaranteed growth for future income
   
• Options for protected lifetime income
   

Three questions to help choose an option that may be right for you:
 

1. Do you need income now or do you want growth opportunities for more future income?
    
2. Do you want steady income for life or more income during the earlier years of retirement?
    
3. Do you prefer broad investment choice or an investment strategy with more risk control?

Variable annuities are long-term investment products that offer a lifetime income stream, access to leading investment managers, options for guaranteed growth and income (available for an additional charge), and death benefit protection. They are subject to market fluctuation, investment risk, and possible loss of principal.

The Select suite of income options

Investors focused on growth opportunities for future income may be well-suited for the Select suite of protected income options. They provide access to a broad set of investment choices along with competitive protective income rates.

The Secure suite of income options

Investors ready to start income now may be well-suited for the Secure suite of protected income options. They offer enhanced protected income rates, but with a more focused, less risky set of investment choices.

Ready to get started on a plan to replace your paychecks in retirement? Talk to your financial professional and visit LincolnFinancial.com/ProtectedPay.

Related: Syncing up Retirement Income With Spending

The Protected Annual Income rate is based on the age at the time of the first withdrawal. Thereafter, the PAI rate will only change after reaching a higher age band and after an account value lock in. With Lincoln’s tiered income options, Lincoln ProtectedPay Select Plus^SM, Lincoln ProtectedPay Select Max^SM, Lincoln ProtectedPay Secure Plus^SM, and Lincoln ProtectedPay Secure Max^SM, the protected income payout will decrease if the account value falls to zero.