Additionally, the changes will require people who have in fact taken their financial responsibilities to heart to be even more diligent in making sure they have someone on their team who can guide them through their
life incomes or safety nets.
Couples can choose from joint life and single
life incomes. Joint life continues to pay after the death of one partner but single life stops when the purchaser dies.
Table 1 Working-Life Income and Likely Capacity to Accumulate Assets for Retirement Asset accumulation over working
life Income over working life Low Moderate High Low [check] x x Middle [check] [check] x High x [check] [check]