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Retirement/IRAs

Retirement and Beyond

Fact: You're planning for a longer retirement.
You could spend up to one-third of your life in retirement. In 1950, life expectancy was 75 years;today it's approaching 82 years.* With proper planning, you could help ensure your assets last a lifetime.

Fact: You'll need to replace more of your income.
A general rule of thumb assumes that retries will need 70% to 80% of their current income during retirement. Social Security provides today's retirees with 41% of their total income and is expected to provide proportionately less of the total in the future.** Even with the added savings from your workplace retirement plan, you may need additional sources of income.

Learn More

Get Advice Now!
Call People's Financial Advisors: 1-800-392-3009
Visit: Any People's United Bank Branch

*Source: Social Security Administration, OASDI Trustees Report, Cohort Life Expectancies, March, 2002.
**Source: U.S. Census Bureau, 2002.
Other Sources: Franklin Templton,Franklin Templton IRA, 2003.

Investment & Insurance Products:
Not Insured by FDIC or any Federal Government Agency
Not a Deposit of or Guaranteed by a Bank or any Bank AffiliateMay Lose Value

People's Financial Advisors is a division of People's Securities, Inc. Investments & Insurance are available through People's Securities, Inc. (member FINRA and SIPC), a subsidiary of People's United Bank.

BPT