Consideration 3: Variability of Investment Returns When considering how much your investments may earn over the course of your retirement, you might think you could base assumptions on historical stock market averages, as you may have done when projecting how many years you needed to reach your retirement savings goal. But once you start taking income from your portfolio, you no longer have the luxury of time to recover from possible market losses, as retirees and nearretirees during this latest market downturn have experienced firsthand. For example, if a portfolio worth $250,000 incurred successive annual declines of 12% and 7%, its value would be reduced to $204,600. It would require a gain of nearly 23% the next year to restore its value to $250,000.3 When a retiree's need for annual withdrawals is added to poor performance, the result can be a much earlier depletion of assets than would have occurred if the portfolio returns had increased steadily. While it's possible that your portfolio will not experience any losses and will even grow to generate more income than you expected, it's safer to assume some setbacks will occur. Talk to your financial professional.

He or she can help you determine a withdrawal strategy that can help minimize the drain on your portfolio and help maximize your life in retirement. Source: Center for Disease Control, March 2012 (based on 2009 preliminary data). 1 Source: Bureau of Labor Statistics, January 2013. 2 Example is hypothetical and for illustrative purposes only. Your results will vary. 3 Ameritas Life Insurance Corp. of New York Ameritas Life Insurance Corp. of New York Retirement Plans Division 1350 Broadway, Suite 2201 New York, NY 10018 800-923-2732 ameritas.com Ameritas is a subscriber to Wealth Management Systems, Inc.

and uses its subscription services to produce this marketing piece. This material was prepared by Wealth Management Systems, Inc., and does not necessarily represent the views of the presenting party, nor their affiliates and should not be construed as investment advice. Because of the possibility of human or mechanical error by Wealth Management Systems Inc.

or its sources, neither Wealth Management Systems Inc. nor its sources guarantees the accuracy, adequacy, completeness or availability of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. In no event shall Wealth Management Systems Inc.

be liable for any indirect, special or consequential damages in connection with subscriber’s or others’ use of the content. This information is provided by Ameritas®, which is a marketing name for subsidiaries of Ameritas Mutual Holding Company, including, but not limited to: Ameritas Life Insurance Corp., Ameritas Life Insurance Corp. of New York and Ameritas Investment Corp., member FINRA/SIPC. Ameritas Life Insurance Corp.

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