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Connect your retirement savings with a path to lifetime income.
Get answers to your questions with these detailed materials.
Select a profile to see how American Legacy® Target Date Income simplifies retirement income planning with a powerful combination of target date investing and protected lifetime payments.
"How do I replace my paycheck in retirement?"
"Can I protect my savings and still grow my future income?”
Income for two
"We want to know we're BOTH protected."
See how a source of protected income gets him to — and through — retirement.
It’s important to know your investing style, risk profile, time frame and goals. Talk with your financial professional to create a plan that works best for you.
Target date series from an industry leader
- American Legacy Target Date Income is the only variable annuity to offer access to the American Funds Insurance Series® — Target Date Series.
- It’s designed to help you simplify managing your investment while giving you access to highly regarded funds.
Take a closer look at the funds with the core fund guide (PDF) .
A Highly regarded fund family
Capital Group is:
• One of the largest target date providers, with $131.4B assets
• The number one fastest-growing target date fund family.2
A well designed glide path
Although the target date funds are managed for investors on a projected retirement date time frame, the fund’s allocation strategy does not guarantee that investors’ retirement goals will be met. Past performance is no guarantee of future results.
- Managed for approximately 30 years past retirement so investors could feasibly use a single fund for decades.
- Meaningful equity exposure throughout retirement to help manage the risk of outliving savings.
- Emphasizes dividends with the intent of providing more equity exposure without increasing volatility.
American Funds investment professionals manage the target date fund’s portfolio, moving it from a more growth-oriented to a more income-oriented focus as the fund gets closer to its target date: the year that corresponds roughly to the year in which an investor is assumed to retire and begin taking withdrawals. They continue to manage each fund for approximately 30 years after it reaches its target date.
You should carefully consider the target date fund you select. Generally, investors choose a fund with the target year closest to the date they plan to retire. For example, a 45-year-old who plans to retire at age 65 might choose a target date fund with a date close to 20 years in the future. In order to provide protected lifetime income benefits, Lincoln may limit access to some funds that investors normally may have selected to match their retirement date.
The fund’s investment adviser anticipates that the funds will invest their assets within a range that deviates no more than 10% above or below these allocations. Changes in the equity allocation within the underlying equity-income and balanced funds may affect the overall equity exposure in the target date funds.
Unshaded area on the glide path indicates funds available in the American Funds Insurance Series®– Target Date Series.
Our underlying funds have provided a strong foundation
RESULTS VS. PEERS
Our underlying funds have outpaced their respective Lipper peer indexes in 89% of rolling 10-year periods.3
RESULTS VS. BENCHMARKS
Over their lifetime, 76% of our underlying funds have outpaced their respective benchmarks.4
1As of 6/30/19
2Source: Morningstar. Based on 5-year assets under management compound annual growth rate, ending 6/30/19
3Based on Class R-6 share results for rolling periods through December 31, 2018. Periods covered are the shorter of the fund’s lifetime or since the inception date of the comparable Lipper index or average (except Capital Income Builder and SMALLCAP World Fund, for which the Lipper average was used). Equity funds outpaced Lipper indexes/averages in 93% of rolling periods. Fixed income funds outpaced Lipper indexes in 72% of rolling periods. Lipper source: Refinitiv.
4Based on Class R-6 share results through December 31, 2018. Fourteen out of 14 equity funds had lifetime returns that outpaced their respective benchmarks. Two out of seven fixed-income funds had lifetime returns that outpaced their respective benchmarks.
Past performance is no guarantee of future results.
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Important information and disclosures
IMPORTANT INFORMATION AND DISCLOSURES
Lincoln Financial Group® affiliates, their distributors, and their respective employees, representatives and/or insurance agents do not provide tax, accounting or legal advice. Please consult an independent advisor as to any tax, accounting or legal statements made herein.
Variable annuities are long-term investment products designed for retirement purposes and are subject to market fluctuation, investment risk and possible loss of principal. Variable annuities contain both investment and insurance components and have fees and charges, including mortality and expense, administrative and advisory fees. Optional features are available for an additional charge. The annuity’s value fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings are taxable as ordinary income and, if taken prior to age 59½, may be subject to an additional 10% federal tax. Withdrawals will reduce the death benefit and cash surrender value.
Investors are advised to consider the investment objectives, risks, and charges and expenses of the variable annuity and its underlying investment options carefully before investing. The applicable prospectuses for the variable annuity and its underlying investment options contain this and other important information. Please call 800-942-5500 for free prospectuses. Read them carefully before investing or sending money. Products and features are subject to state availability.
The target allocations shown are as of January 1, 2020 and are subject to the Target Date Solutions Committee's discretion. The funds' investment adviser anticipates that the funds will invest their assets within a range that deviates no more than 10% above or below these allocations. Underlying funds may be added or removed during the year. Changes in the equity allocation within the underlying equity-income and balanced funds may affect the overall equity exposure in the Target Date Funds. For quarterly updates of fund allocations, visit CapitalGroup.com.
American Legacy® Target Date Income variable annuities (contract form 30070-B and state variations) are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. The Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so.
Contracts sold in New York (contract forms 30070-A-NY and 30070-B-NY) are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer.
All contract and rider guarantees, including those for optional benefits, fixed subaccount crediting rates, or annuity payout rates, are subject to the claims-paying ability of the issuing insurance company. They are not backed by the broker-dealer or insurance agency from which this annuity is purchased, or any affiliates of those entities other than the issuing company affiliates, and none makes any representations or guarantees regarding the claims-paying ability of the issuer.
There is no additional tax-deferral benefit for an annuity contract purchased in an IRA or other tax-qualified plan.
Some distributors require that, at the annuitant’s age 95, the contract must annuitize.
Lincoln Financial Group is the marketing name for Lincoln National Corporation and its affiliates. Affiliates are separately responsible for their own financial and contractual obligations.
American Legacy is a suite of variable annuities with investment options from American Funds and Lincoln Variable Insurance Products Trust.
For use with the general public.