One strategy for delivering sustainable retirement income involves a fixed-indexed annuity with a guaranteed lifetime withdrawal benefit in combination with systematic mutual fund withdrawals, according to a Security Benefit survey. "FIAs that include a GLWB rider can offer retirees a predictable income they can never outlive," says Doug Wolff of Security Benefit Life Insurance. "While there are a number of vehicles in the marketplace that can generate guaranteed income in retirement, including highly popular variable annuities, FIAs are able to generate attractive income from retirement assets without having to annuitize or give up control of the assets."

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