According to the Social Security Administration, Social Security benefits provide about 38% of the income for elderly Americans. And, for 52% of married couples, and 74% of unmarried people, Social Security provides 50% or more of their income1.
You may be planning, or even thinking, the appropriate time to retire. Part of that decision is making the choice to maximize Social Security retirement benefits and the need for additional sources of income during retirement. By working closely with your professional you can create a retirement income strategy that can best fit your needs.
1Source: www.ssa.gov, Social Security Basic Facts, 2014
Use this calculator to determine how much of the social security benefit may be subject to income tax.
Pacific Life has more than 145 years of experience, and we remain committed to providing quality products, service, and stability to meet your needs today and throughout your lifetime.
It's essential for you to choose a strong and stable company that can help you achieve your future income needs. Since 1868, individuals and their families have relied on the strength of Pacific Life to help protect their financial security.
Ratings may change and do not apply to the safety or performance of the underlying variable investment options or the mutual funds. For more information and current financial strength ratings, please visit www.PacificLife.com.
2Recipient of multiple DALBAR Service Awards since 1997. Refer to www.DALBAR.com for more information regarding awards, certification, and rankings.
While ratings can be objective indicators of an insurance company's financial strength and can provide a relative measure to help select among insurance companies, they are not guarantees of the future financial strength and/or claims-paying ability of a company and do not apply to any underlying variable investment options. The broker/dealer from which this annuity is purchased, the insurance agency from which this annuity is purchased, and any affiliates of those entities make no representations regarding the quality of the analysis conducted by the rating agencies. The rating agencies are not affiliated with the above entities nor were they involved in any rating agency's analysis of the insurance companies.