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Planning for Financial Success

Key steps to help you build and manage your wealth

Having a plan to make your money last your lifetime and potentially provide a legacy for family members is an important goal. But getting there can be a challenge, especially when you have to balance planning for the future, adjusting to uncertainties along the way, and protecting your assets for the long-term.

Consider these key steps as you look to create a more secure financial future.

It all begins with a plan

In wealth management, the first step to success is creating a comprehensive plan based on your unique short- and long-term financial goals and objectives.

To that end, you’ll want to ask and answer meaningful questions to build a deeper understanding of your unique situation. Questions like:

  • What is my vision for retirement? 
  • What does a typical morning/afternoon/evening look like?
  • Where do I want to live in retirement? 
  • Is that area more or less expensive than my current location?
  • Do I see myself working part-time once I retire?
  • Are there any health-related issues that might impact how I plan and prepare for the future?

Power of a professional

Considering the importance and complexity of developing a comprehensive financial strategy, working with a trusted financial professional can help provide greater confidence in your financial situation for today and tomorrow. A recent survey from Corebridge Financial shows that more than half of those who work with a financial professional feel “very confident” in their ability to plan for a successful financial future; compared to only about one in four (28%) of those who don’t.1

The survey also reveals that financial professionals help clients feel more confident in other key areas like managing retirement money to provide lifetime income, not outliving money, and paying for an unexpected expense.

What can you expect from a Corebridge financial professional?

  • Insightful discussions centered on your unique wants and needs
  • Powerful financial planning tools to help model scenarios
  • Education on topics that matter most to you
  • Clarity on your financial aspirations

Is now the right time to connect with a Corebridge Financial Professional?

Wealth management is an ongoing process that requires active reviews and, if necessary, adjustments. 

Working with a Corebridge financial professional can help you effectively manage your plan to achieve your financial goals.

Staying on track

Having a comprehensive plan is a necessary first step, but it’s just that—one step at the beginning of a longer journey. To ensure your wealth lasts as long as you want it to, actively review your plan, assess the strategy, and adjust when necessary.

Consider if any life changes—both positive and negative—may impact your ability to reach a secure financial future such as a job loss, salary increase or a move to a more expensive or less expensive area.

Market conditions and investment performance can also be a factor. A rising market with excellent returns can make your retirement dreams easier to achieve. On the flip side, a down market might make it more difficult. Stay current with performance of your investments and adjust as needed to keep your plan on track.


Protecting your wealth

As you close in on retirement, it’s important to recognize the importance of protecting your assets. After all, you may need enough income to sustain your quality of life for a retirement that could last 30 or more years.

Understand which products—like annuities2 and insurance—might help protect the wealth you’ve worked so hard to build.

  • Annuities can deliver reliable cash flow for either a predetermined period of time or for the rest of your life. They can complement your workplace retirement plan, pension, Social Security, or retirement savings account.
  • Insurance comes in many forms and can add another level of security and protection:

    • Life: Provides money to your beneficiaries after you are gone.
    • Disability: Protects from loss of income due to illness or injury.
    • Long-term care: Gives financial flexibility to your later years to cover certain health related costs and expenses.

We’re here to help

At Corebridge, we are committed to helping you navigate the complexities of wealth management and empower you to maximize your financial potential.

If you need help on your journey to financial security, contact a Corebridge financial professional. 

1 Corebridge survey on retirement and longevity, 2023.

2 Annuities are long term products designed for retirement. Guarantees are backed by the claims paying ability of the issuing insurance company. Withdrawals may be subject to federal and/or state income taxes. An additional 10% penalty may apply if taken before age 59 1/2. A fixed annuity is a contract between you and an insurance company, that in exchange for your premium, offers a stream of guaranteed income payments. Index annuities are not a direct investment in the stock market. They provide the potential for interest to be credited based in part on the performance of a specified index, without the risk of loss of premium due to market downturns or fluctuations. Variable annuities are sold by prospectus only.

Corebridge Financial Inc. and its subsidiaries provide a wide range of life insurance, retirement solutions, and other financial services. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks, and provide for retirement.

All products and services are written or provided by subsidiaries of Corebridge Financial, Inc. Products or services may not be available in all jurisdictions.

This material is general in nature, was developed for educational use only, and is not intended to provide financial, legal, fiduciary, accounting or tax advice, nor is it intended to make any recommendations. Applicable laws and regulations are complex and subject to change. For legal, accounting or tax advice consult the appropriate professional.