Will Your Retirement Income Last as Long as You Do? New Calculator Weighs Inputs & Outcomes

W&S Financial Group Distributors •
Retirement Income Calculator

In conjunction with National Retirement Planning Week® 2019 (NRPW), W&S Financial Group Distributors today introduced an online version of its popular retirement income calculator. The digital tool empowers individuals to easily consider the interaction of various assumptions in helping align retirement assets and drawdowns in a sustainable manner.

“According to the Insured Retirement Institute, only a third of Generation X has saved at least $150,000 for retirement,” said Mark E. Caner, president, W&S Financial Group Distributors, Inc., the wholesale distributor of annuities and life insurance from Western & Southern Financial Group member companies. “Preparation is essential to readiness. That is why we have launched this tool. We want to help consumers become more knowledgeable about their retirement income decisions. We want to help equip them to better understand the relationship of some of the variables at work. From there they can begin employing strategies designed to help provide certainty and predictability for their future standard of living.”

The three-step tool draws on Monte Carlo analysis to allow users to quickly test hypothetical combinations of three variables that impact how long retirement income may last: withdrawal rate, withdrawal period length and portfolio composition. An analysis of the hypothetical income sustainability scenario is generated in a sample report that details additional information about the calculator, including its underlying material limitations and assumptions. Various combinations of proposed assumptions can be considered and corresponding estimated projections of retirement income probabilities compared.

“At Western & Southern, we remain committed to advancing America’s retirement confidence,” said Caner. “Launching this new tool during National Retirement Planning Week demonstrates our support for helping Americans address the risk of outliving their retirement resources with solutions for insured lifetime income.”

The National Retirement Planning Coalition – a group of prominent education, consumer advocacy and financial services organizations spearheaded by the Insured Retirement Institute – has organized NRPW. This initiative is a national effort to help consumers focus on their financial needs in retirement.

About W&S Financial Group Distributors, Inc.

W&S Financial Group Distributors, Inc. distributes annuities and life insurance products from Western-Southern Life Assurance Company, The Western and Southern Life Insurance Company, Integrity Life Insurance Company and National Integrity Life Insurance Company, all member companies of Western & Southern Financial Group, Inc. Securities offered through Touchstone Securities, Inc.2 Marketing through a national network of broker-dealers, financial advisors, independent agents and financial institutions, W&S Financial Group Distributors assists financial professionals in helping Americans invest, protect and manage risk for their retirement and legacy.

About Western & Southern Financial Group

Founded in Cincinnati in 1888 as The Western and Southern Life Insurance Company, Western & Southern Financial Group, Inc. (Western & Southern), a Fortune 500 company, is now the parent company of a group of diversified financial services businesses. Its assets owned ($51.6 billion) and managed ($23.3 billion) totaled $74.9 billion as of Dec. 31, 2018. Western & Southern is one of the strongest life insurance groups in the world. Its seven life insurance subsidiaries (The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, Gerber Life Insurance Company, Integrity Life Insurance Company, The Lafayette Life Insurance Company and National Integrity Life Insurance Company) maintain very strong financial ratings. Other member companies include Eagle Realty Group, LLC; Fort Washington Investment Advisors, Inc.;1 IFS Financial Services, Inc.; Touchstone Advisors, Inc.;1 Touchstone Securities, Inc.;2 W&S Brokerage Services, Inc.;2 and W&S Financial Group Distributors, Inc. Western & Southern is the title sponsor of six major community events every year, including the Western & Southern Open, a premier event in the U.S. Open Series played each August by the world’s top-ranked professional male and female tennis players.


1A registered investment advisor.

2 A registered broker-dealer and member FINRA/SIPC.

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