Often the production of income is associated with the retirement phase of your financial planning. But this is not the only time where producing income is required or might be beneficial.
Producing income can be useful for any one or more of the following reasons:
- Preparing to retire
- Funding an education
- Managing spendthrift needs
- Implementing tax reduction strategies
Empire Life has both product solutions and advice through our distribution partners to assist you with finding the best plan for producing income, no matter what the reason.
Income producing strategies
- Insured annuities
- Insured retirement plans
- Systematic withdrawal plans
Income producing product solutions