Mon - Fri: 8am - 6pm ET
Sat: 9am - 2pm ET
Now that retirement is within reach, how will you utilize your assets? Will what you've accumulated over the years be sufficient to support your needs and lifestyle expenses? How much is enough?
If you are retired, preparing for retirement in the near future, or thinking about how you will use your assets in retirement – here’s some very good news: It is likely that you will enjoy a longer, far more active life in retirement than previous generations did. In fact, 25% of 65-year-olds will live past the age of 90. And as our time spent in retirement appears to stretch on, the need for careful retirement asset planning becomes more clear.
For some of us, Social Security and pensions may cover essential expenses during retirement. Others may supplement those income sources with dividends and interest from investments. Many will need to withdraw principal along with earnings in order to meet their needs. What’s an appropriate strategy to accomplish this?
Use this planner to see how different scenarios, such as moving to a new home, traveling or addressing healthcare costs, may impact your anticipated retirement needs.
Try the Retirement Lifestyle Planner »
PNC Investments can help you to determine an appropriate approach for utilizing your retirement assets, taking into account the following:
Source: InFRE – Strategies for Managing Retirement Income Workshop
All guarantees are subject to the claims-paying ability of the issuing insurance company. Variable annuities with withdrawal guarantees refer to insurance products that guarantee withdrawals for life without giving up control of the assets and also provide certain flexibility to the investor. These products allow investors to withdraw a set percentage of their investment for life that can increase but not decrease based on market performance. Guarantees are a withdrawal of a client’s original investment until it reaches a zero balance, then the sustained payments may continue subject to the claims-paying ability of the underlying insurance company. Before investing, please review the prospectus for contract costs and limitations. These products are available through PNC Investments.
This material is meant to educate and not to provide legal, tax, accounting or investment advice. PNC Investments and its affiliates and vendors do not provide legal, tax or accounting advice.
Important Investor Information: Brokerage and insurance products are:
Not FDIC Insured • Not Bank Guaranteed • Not A Deposit
Not Insured By Any Federal Government Agency • May Lose Value
Securities products, brokerage services and managed account advisory services are provided by PNC Investments LLC, a registered broker-dealer and a registered investment adviser and member FINRA, and SIPC. Annuities and other insurance products are offered through PNC Insurance Services, LLC, a licensed insurance agency.
This document provides information on additional compensation that PNC Investments receives from certain mutual fund companies, 529 plan program managers and insurance companies.
This material does not constitute an offer or solicitation in any jurisdiction where or to any person to whom it would be unauthorized or unlawful to do so.
PNC Investments does not guarantee the performance of any investment. Investing results may vary. Investments may lose money. Diversification and asset allocation may not prevent a loss of investment.
PNC Investments LLC, PNC Insurance Services, LLC and PNC Bank, National Association are each affiliated with The PNC Financial Services Group, Inc.
Bank deposit products and services provided by PNC Bank, National Association. Member FDIC.