Many employers offer benefits that can help employees prepare for tomorrow, whether it’s saving for retirement through an employer-sponsored plan like a 401(k) or protecting their income from the unexpected with insurance coverages like disability, critical illness and accident insurance.
More Americans are approaching and entering retirement, creating an urgent need for solutions that offer protected lifetime income and can help ensure a more secure financial future. Annuities can play an important role in offering savers the potential to grow and safeguard a portion of their savings from market ups and downs, while also helping to provide a greater certainty about their income in retirement.
It’s just as important to protect against unforeseen events – more than one in two people turning 65 are expected to need some form of long-term care support and services in their lifetime.4 Today there are many different types of long-term care funding solutions available in the market that can help mitigate the costs of care events, including hybrid life insurance/long-term care products and riders that can be added to annuity and life insurance products.
Lincoln offers an interactive map detailing the costs of the various types of care in each state at www.WhatCareCosts.com. Visitors can use sponsor code “Lincoln” to access this important information.
More information about the Consumer Retirement Index and quarterly Index measurements can be found on Lincoln’s website.
Lincoln Financial Group provides advice and solutions that help empower people to take charge of their financial lives with confidence and optimism. Today, more than 17 million customers trust our retirement, insurance and wealth protection expertise to help address their lifestyle, savings and income goals, as well as to guard against long-term care expenses. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. The company had $238 billion in assets under management as of December 31, 2018. Lincoln Financial Group is a committed corporate citizen included on major sustainability indices, including the Dow Jones Sustainability Index North America and FTSE4Good. Additionally, Lincoln is dedicated to upholding a diverse and inclusive organization and was recognized by Forbes as one of the Best Large Employers, Best Employers for Diversity, and Best Employers for Women, and received a perfect score of 100 percent in 2018 on both the Corporate Equality Index and Disability Equality Index. Learn more at: www.LincolnFinancial.com. Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at http://newsroom.LFG.com.
CivicScience provides strategic insight services to decision-makers at the largest brands, media companies, and investment firms in the world while giving consumers a trusted, convenient way to affect change. Through a proprietary polling and analytics platform, CivicScience studies consumers and markets across thousands of dimensions, from macro forces to brand-specific trends, and how they relate. For more information, visit CivicScience or follow them on Twitter @CivicScience https://twitter.com/civicscience.
1 Lincoln Financial & CivicScience Consumer Retirement Index. Data gathered by CivicScience: 1/4/2019 – 3/12/2019.
2 2019 Lincoln Retirement Power® Participant Study.
3 Lincoln Financial Group, Consumer Perspectives on Financial Planning and Advisor Satisfaction, 2019.
5 Lincoln Financial Group, Consumer Perspectives on Financial Planning and Advisor Satisfaction, 2019.