Revenue Lab Launches Progressive Annuity Options to Improve Retirement Planning – Tech Journal

These interactive annuity instruments assist purchasers completely consider and perceive how annuities work,
empowering them to make extra knowledgeable selections.

DENVER, September 16, 2024 – Revenue Laboratory, Inc. (Revenue Lab), maker of award-winning retirement earnings planning software program, as we speak introduced the launch of its cutting-edge annuity modeling, comparability, and stress testing capabilities. Advisors can now incorporate annuities into retirement earnings plans and provides purchasers a complete view of how lifetime earnings can have an effect on their monetary lives. This new providing is designed to supply monetary advisors with superior instruments to obviously illustrate how annuities work, to check annuity choices, and to guage how annuities have an effect on how a lot purchasers can spend in retirement and the safety of that spending.

“Our new annuity options are a game-changer for the trade. Offering this type of
complete, data-driven strategy to integrating annuities right into a retirement plan is
one thing no different tech agency is doing as we speak. We consider this may assist retirees obtain larger
monetary safety and peace of thoughts,” stated Johnny Poulsen, CEO of Revenue Lab.

The brand new annuity options combine seamlessly with Revenue Lab’s current suite of retirement
planning instruments, providing advisors the power to:

• Customise Plans: Create customized retirement earnings situations that incorporate
  annuity earnings alongside different sources of retirement earnings, resembling Social Safety
  and funding portfolios, to see if an annuity is true for the shopper.
• Mitigate Threat: Assess the affect of annuities on general retirement threat by stress
  testing how an annuity would affect a plan throughout among the worst instances in historical past.
• Evaluate Annuity Choices: Consider totally different annuity choices head-to-head to see
  which performs higher wherein environments.
• Optimize Revenue Planning: Assist purchasers determine what sort of annuity might (or might not)
  match their retirement targets and threat tolerance.

Constructed for Innovation and Simplicity
The annuity options, powered by Revenue Lab’s superior analytics, provide an intuitive, consumer pleasant expertise. Monetary professionals and purchasers alike can now lower via complicated jargon and sophisticated product designs to see how annuities have an effect on the core questions in retirement: what’s my retirement paycheck, and the way risky may that paycheck be? This sort of readability can assist purchasers really feel assured of their selections about their retirement earnings technique.

“Understanding how an annuity may have an effect on a retirement plan could be difficult for each
advisors and purchasers. The brand new annuity options from Revenue Lab assist simplify this course of by
providing clear insights into how totally different selections, like together with or excluding annuities, may
form retirement outcomes, serving to purchasers make knowledgeable selections,” stated Derek Tharp, Ph.D.,
CFP®, CLU® – President & Founding father of Acutely aware Capital.

Be part of the launch webinar: Uncover Revenue Lab’s New Annuity Options for Complete Retirement Planning on Tuesday, September 24, 2024, at 10 am CT. Click on right here to register. For extra details about the brand new annuity options or to discover Revenue Lab’s full suite of retirement planning options, go to IncomeLab.io.

About Revenue Lab
Revenue Lab offers monetary advisors with cutting-edge software program for ongoing retirement earnings administration and shopper engagement. Advisors use Revenue Lab to provide purchasers focused, personalized recommendation about how a lot they will spend, when and the way to regulate spending for evolving financial and market situations, and the way to optimize distribution plans for tax effectivity. Revenue Lab software program was named “Greatest in Present” on the 2022 & 2023 XYPN Advisor Tech Expos, was the “Highest-Rated Retirement Distribution Planning Software” within the 2023 T3/Inside Info Advisor Software program Survey, and was named a “Stand-Out in Retirement Distribution Planning” and rated highest in satisfaction and worth by the “Kitces.com Report: The Know-how that Impartial Monetary Advisors Truly Use (And Like)”.

Media Contact
Ashley Dudzik
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(720) 634-5120