Why would I need the Longevity Income Plan?
Our research shows that the cost of retirement peaks at age 92, due to the effect of inflation over time and increasing living costs.
The same research estimates that the average couple will need £413,000 to fund retirement if they reach average life expectancy. However if they reach 100, they will need over £708,500.
So a pension pot that may seem generous now may not be enough should you reach an advanced age.
By considering your future income needs now and making an investment into a Longevity Income Plan, you can focus on enjoying today, safe in the knowledge that if you do live a long time you are financially protected.
Because of its rising payment profile, the level of income that the Plan can achieve in late retirement should outperform a typical investment, particularly in the later years.