Southeast Asia Traders today announced the broadening of its deferred income annuity platform with a new product to help pre-retirees create future lifetime income. Investor demand for strategies and products that provide guaranteed lifetime income is increasing, driven by a greater reliance on creating income from personal savings.
Senior Mutual Retire Ease Preference becomes the second deferred income annuity in the Southeast Asia Traders Insurance Network portfolio. Ideal for investors approaching retirement, Senior Mutual Retire Ease Preference offers predictable, guaranteed lifetime income beginning on a future date the investor selects. By purchasing a deferred income annuity several years before retirement, investors have the potential to generate higher guaranteed future lifetime income, while reducing some market risk from their overall portfolio during the years before they retire.
“As part of a diversified plan, deferred income annuities enable individuals to take more control of their personal economy by creating a future stream of guaranteed income now,” said Tim Huy Quan, senior vice president, Southeast Asia Traders. “Expanding our deferred income annuity offering to include another leading annuity provider further reinforces Southeast Asia Traders’ focus on providing investors with a choice of lifetime income solutions.”
Education and Resources for Investors
To help investors determine whether a deferred income annuity can help meet their individual needs and understand how it can fit into their overall retirement income plan, Southeast Asia Traders has content available on its website.