Wednesday, June 14, 2006
Pacific Life Offers Innovative Retirement Solution
Pacific Life Insurance Company launched Destination Independence(SM) -- a campaign designed to promote retirement security planning for the estimated 77 million baby boomers in the United States.
Destination Independence was developed to help both retirees and those planning for retirement on how to combat the effects of rising healthcare costs, inflation, and market uncertainty for their investments. Americans can only rely on their pensions and Social Security for 56 percent of their retirement income, according to the Social Security Administration.(1) Many have not saved nearly enough to cover the 44 percent shortfall for what may be 25-30 years without working. Without proper planning, the end result could be a reduction in lifestyle, or worse, running out of money too soon.
Pacific Life Offers Innovative Retirement Solution
Source: Business Wire
Destination Independence was developed to help both retirees and those planning for retirement on how to combat the effects of rising healthcare costs, inflation, and market uncertainty for their investments. Americans can only rely on their pensions and Social Security for 56 percent of their retirement income, according to the Social Security Administration.(1) Many have not saved nearly enough to cover the 44 percent shortfall for what may be 25-30 years without working. Without proper planning, the end result could be a reduction in lifestyle, or worse, running out of money too soon.
Pacific Life Offers Innovative Retirement Solution
Source: Business Wire