New Guide from Pacific Life and Pacific Life & Annuity Helps Clients Assess Their Road to Retirement.NEWPORT BEACH Newport Beach, residential and resort city (1990 pop. 66,643), Orange co., S Calif., on Newport Bay and the Pacific Ocean; inc. 1906. It is a popular seaside resort and yachting center. Manufactures include electrical and medical equipment, computers, boats, and adhesives. , Calif. -- Many Americans have big dreams for retirement with little savings. Pacific Life Insurance Company and Pacific Life & Annuity annuity: see insurance.
Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities. Company now offer the "Road to Retirement" guide and the Retirement Income Needs fact finder fact finder (finder of fact) n. in a trial of a lawsuit or criminal prosecution, the jury or judge (if there is no jury) who decides if facts have been proven. to help financial professionals address the dire need for additional retirement income with their clients.
Many Americans do not realize that there is a retirement crisis. More than 100 million Americans1 plan to retire in the next three decades but a report from the Center for Retirement Research at Boston College Boston College, main campus at Chestnut Hill, Mass.; coeducational; Jesuit; est. and opened 1863. Actually a university, the school's Chestnut Hill campus comprises colleges of arts and sciences and business administration, the graduate school, and schools of nursing found that nearly 45% of all working American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of households are "at risk" of not having enough income to maintain their standard of living when they retire.2
According to according to
1. As stated or indicated by; on the authority of: according to historians.
2. In keeping with: according to instructions.
3. Alyce Peterson Pe·ter·son , Oscar Emmanuel Born 1925.
Canadian jazz pianist. A prolific recording artist noted for his technical skill, he is best known for work produced with his own trio (1953-1965). , vice president of marketing services for the Life Insurance Division of Pacific Life, the new Road to Retirement guide provides an overview and comparison of retirement products and options for maximizing savings. "The time to start considering all retirement income options, including life insurance, is now. The cost of waiting can be very high. A permanent cash value life insurance policy will not only provide death benefit protection along the way, it can also supplement retirement income from the potential tax-deferred growth of a policy's cash value," she explained.
Financial professionals appointed with Pacific Life and/or Pacific Life & Annuity can access interactive retirement tools and other retirement related materials at the new virtual Retirement Center at Lifeline life·line
a. An anchored line thrown as a support to someone falling or drowning.
b. A line shot to a ship in distress.
c. A line used to raise and lower deep-sea divers.
2. .PacificLife.com. The Retirement Center features:
* Retirement calculators
* Retirement Architect software
* Sales ideas featuring life insurance and
* PowerPoint presentations for clients
Financial professionals can get a copy of the "Road to Retirement" guide by contacting their Pacific Life or Pacific Life & Annuity representative or by calling 866-722-9555.
1 U.S. Census Bureau Noun 1. Census Bureau - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United States
Bureau of the Census , 2000
2 National Retirement Index Report - July 2007
Pacific Life Insurance Company
Founded in 1868, Pacific Life provides life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans.3 Pacific Life counts more than half of the 50 largest U.S. companies as clients4 and is a member of the Insurance Marketplace Standards Association (IMSA IMSA Illinois Mathematics and Science Academy
IMSA International Motor Sports Association
IMSA Insurance Marketplace Standards Association
IMSA International Municipal Signal Association
IMSA Illinois Mini Storage Association
IMSA Institute of Marine Safety Auditors ), whose membership promotes high ethical standards for the sale of individual life insurance and annuities. For additional information about Pacific Life, including its current financial strength ratings from A.M. Best, Fitch Ratings Fitch Ratings
An international rating agency for financial institutions, insurance companies, and corporate, sovereign, and municipal debt. Fitch Ratings has headquarters in New York and London and is wholly owned by FIMALAC of Paris. , Standard & Poor's, and Moody's, visit the company Web site at www.PacificLife.com.
Pacific Life & Annuity Company
Pacific Life & Annuity offers a wide range of products, including life insurance, annuities, structured settlement annuities, and other investment products and services for individuals and businesses.3 Pacific Life & Annuity is a member of the Insurance Marketplace Standards Association (IMSA), whose membership promotes high ethical standards for the sale of individual life insurance and annuities. For additional information about Pacific Life & Annuity, including its current financial strength ratings from A.M. Best, Fitch Ratings, Standard & Poor's, and Moody's, visit the company Web site at www.PacificLifeandAnnuity.com.
3 Product features and availability vary by state.
4 Data compiled by Pacific Life using the FORTUNE 500[R] list as of April 2007.
Pacific Life Insurance Company is licensed to issue individual life insurance and annuity products in all states except New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of . Product availability and features vary by state. Individual life insurance and annuity products are available in New York through Pacific Life & Annuity Company. Each company is solely responsible for the financial obligations accruing under the policies it issues, and its product and rider guarantees are backed by that company's financial strength and claims-paying ability.
This material is intended to provide general information. It is not intended as, nor may be considered, the legal opinion of Pacific Life or Pacific Life & Annuity on tax or other matters. Private counsel alone may be responsible and relied upon for those purposes.