When you retire and your earning power ceases, you will depend on three primary sources for your retirement income:

• Social Security Income: On March 17, 2003 the Social Security Board of Trustees announced that the Social Security trust funds are projected to be exhausted in the year 2042. According to Jo Anne Barnhart, Commissioner of Social Security, "Social Security's Financing problems are very serious ..."
  (March 17, 2003 Social Security Administration Press Release)
• Employer-Provided Plans: You may be eligible to participate in a retirement plan established by your employer and receive pension income at your retirement.
• Personal Retirement Savings: For many people, there is a gap between the retirement income they can expect from Social Security and employer-provided plans and their retirement income objectives. Personal retirement savings, fixed annuities, IRAs and Roth Accounts, can be considered, in certain situations, to bridge this gap.

How Social Security Benefits are Calculated

To set an appointment to discuss your individual situation, please call us at (800) 925-2050.