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“You need to determine all the possible sources of income you can draw from.

You have your pre-retirement savings, such as your 401(k), but equally important are guaranteed income streams, such as Social Security and annuities, which can help sustain the retirement lifestyle you envisioned." Good advice, but who said it? Answer:  Michael Soyka, regional director of planning and sales at Northwestern Mutual, in discussing why retirement income strategies are important.

Retirement planning helps mental health

Researchers at the University of Missouri weren’t speaking about annuities when they pointed out the following, but annuity professionals might want to keep this in mind. 

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Older folks steady as she goes

Seventy-five percent of seniors and 60 percent of baby boomers say their financial health hasn’t changed since the recession, according to joint research by Aite Group and Chase Blueprint.

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Who said that?

“You need to determine all the possible sources of income you can draw from.

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