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Living in retirement

Your next chapter could be your greatest yet. Ensure you have the retirement income you need to live it your way.

The basics of making your money last in retirement

From income strategies to proper budgeting, these articles can help you be sure you can live comfortably in retirement.

  1. How to create your retirement income strategy
  2. How to make your money last in retirement
  3. Are you going through your retirement savings too quickly?
  4. Required minimum distributions, or RMDs: What you need to know
  5. Health care in retirement: Medicare basics
Browse retirement articles

Do you have a retirement income plan?

Now that you're retired, you may be worried about outliving your income. When used correctly, annuities can be a solid part of your retirement package.

A paycheck for life

Video Duration: 1 minute 12 seconds

Choosing how to spend your retirement: Elapsed time 0 seconds [00:00]

Your retirement. It's your time. How do you want to spend it? From family and friends, to hobbies and organizations, you want to focus on what matters. You want to keep doing that your whole life without any unpleasant surprises.

Risks to your retirement income: Elapsed time 18 seconds [00:18]

The last thing you want is for this time to be tarnished by financial challenges. Income from the stock market can be unpredictable, and for many retirees, this means the prospect of running out of money.

How an income annuity works: Elapsed time 31 seconds [00:31]

What if there was a way to help secure a reliable paycheck you could count on, plan for, and build your best life around?

A USAA Life Income Annuity can help you do just that.

You pay in a lump sum and then get reliable income for a set period or for life starting immediately. This amount can remain constant regardless of market changes.

Because you have big dreams for your retirement, and if you have the right plan, nothing can stop you.

An income annuity can help you enjoy freedom in retirement to spend your time just how you want.

Description of visual information: [For more information, contact a USAA advisor. 1-800-531-3392] End of description.

End: Elapsed time 1 minute 12 seconds [1:12]

Investments to help grow and protect your retirement savings

Consider the following options to help protect and maintain your retirement savings:

Annuities

An annuity can help protect you against outliving your retirement savings, while allowing you to meet expenses and maintain your standard of living.

Learn more about annuities

Basics of annuities

IRAs and Rollovers

After a certain age, there are required minimum amounts that you must withdraw annually from your retirement plan account.

Learn more  about IRAs and rollovers

Required minimum distributions

Brokerage Account

Now that you've retired, your risk tolerance is an important part in your strategy to manage your investments.

Learn more  about brokerage accounts

Why risk tolerance matters

Financial Planning

Whether you're focused on a single goal like retirement or have more complex planning and wealth needs, a trusted advisor can help set you on the path to success.

Learn more  about financial planning

What to ask a financial advisor

Protect your health and family

Retirement can be a reward after years of hard work, but it can also be challenging. The right financial tools can help you make the most of your newfound sense of freedom.

Medicare

Health care costs can be some of the largest expenses for retirees. Explore what health coverage options fit your needs and your budget.

Learn more  about Medicare

Medicare options

Life Insurance

You may think a life insurance policy doesn't make sense in your 60s or 70s. But it could help your loved ones pay for things like daily expenses, a mortgage, education and medical bills, as well as other benefits.

Learn more  about life insurance

Life insurance for seniors

Trust & Will Estate Planning

Creating an estate plan or establishing a trust can help secure your loved ones' future and ensure your legacy lives on.

Learn more  about Trust & Will estate planning

Explore estate planning options

Long-Term Care

Long-term care insurance can cover some of your out-of-pocket expenses, protecting your hard-earned savings if you need support for everyday living.

Learn more  about long-term care

Planning for long-term care

Dental Insurance

Medical insurance doesn't typically cover basic care for your teeth and gums. A supplemental dental insurance policy can cover things like routine cleanings and fillings, as well as the more complex care we might need as we age.

Learn more  about dental insurance

Preventative dental care

Vision Insurance

As we get older, we're more likely to experience eye problems like cataracts or glaucoma. Vision insurance can help you cover the cost of eye care, like exams and prescription glasses or contacts.

Learn more  about vision insurance

Supplemental health insurance

Ready to enjoy your retirement?

USAA Life Insurance Company Retirement Income Specialists can help ensure you have a retirement income plan that aligns with what's most important during your retirement: Enjoying the life you've worked hard to build. We may refer you to a trusted provider to help fully address your needs.

Schedule a call  with a Retirement Income Specialist

Call 800-833-9847

For TTY devices, dial 711

Hours of operation for our financial professionals

Monday to Friday:
7:30 a.m. to 8 p.m. CT
Saturday
Closed
Sunday
Closed

Note: Days and times may vary.

Tools and resources

Calculators

  • IRA Required Minimum Distribution Calculator
  • Deferred Annuity Calculator
  • Immediate Annuity Calculator
  • Life Insurance Calculator
  • Social Security Calculator
  • Retirement Income Calculator

Planning resources

  • Retirement Videos and Webinars
  • Investing Basics
  • Financial Readiness Assessment
  • Freedom in Retirement E-Book (Opens new window)
  • Our Approach to Retirement (Opens new window)
  • Retirement Preparation Worksheet (Opens new window)

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Related life events

  • Grow Your Wealth
  • Prepare for Retirement

Additional products

  • Mutual Funds
  • Dental Insurance
  • Vision Insurance
  • Medicare
  • Additional Health Insurance

Additional resources

  • Social Security Calculator
  • Deferred Annuity Calculator
  • Immediate Annuity Calculator
  • IRA Required Minimum Distribution Calculator

Important Information:

Important information from USAA Investment Services Company (ISCO):
Review our relationship with you in our Relationship Summary PDF.

ISCO is not a client of Schwab. ISCO is compensated by and has an incentive to promote Schwab. However, these costs are not passed on to USAA members. Download USAA's Referral Arrangement Disclosure PDF.

Important information from USAA Investment Services Company (ISCO):
Review our relationship with you in our Relationship Summary PDF.

ISCO is not a client of Schwab. ISCO is compensated by and has an incentive to promote Schwab. However, these costs are not passed on to USAA members. Download USAA's Referral Arrangement Disclosure PDF.

Related footnotes:

  1. Investment and Insurance Products are: Not Insured by the FDIC or Any Federal Government Agency; Not a Deposit or Other Obligation of, or Guaranteed by, the Bank; and Subject to Investment Risks, Including Possible Loss of the Principal Amount Invested.

  2. This material is for informational purposes. Consider your own financial circumstances carefully before making a decision and consult with your tax, legal or estate planning professional.

Related footnotes:

  1. Guaranteed Retirement Income Plan (GRIP): Forms ASI94832ST 10-11, ASI97207AK 10-11, ASI94878AR 10-11, ASI97208AZ 10-11, ASI94875CA 10-11, ASI97165CT 10-11, ASI97123IA 10-11, ASI97032ID 10-11, ASI94876IL 10-11, ASI97195KS 10-11, ASI97170MA 10-11, ASI94940MD 10-11, ASI94879MN 10-11, ASI94921MT 10-11, ASI94920NJ 10-11, ASI97268OH 10-11, ASI94877OK 10-11, ASI94941OR 10-11, ASI94922PA 10-11, ASI94833TX 10-11, ASI97124VA 10-11, ASI94874OS 10-11, NSI94897NY 10-11, NSI97130NY 10-11

  2. Money not previously taxed is taxed as income when paid. Withdrawals before age 59½ may be subject to a 10% federal tax penalty.

  3. USAA means United Services Automobile Association and its affiliates.

  4. An annuity is a long-term insurance contract issued by an insurance company designed to provide a retirement income stream for life. Once the contract principal is converted into an income stream, you will no longer have access to your principal as a lump sum. Terms, conditions, limitations and surrender charges may apply.

  5. USAA Life General Agency, Inc. is not affiliated with Trust and Will or Huge Legal Technology Company, Inc., nor do we guarantee the quality of their products or services. Although we receive compensation from and may promote and/or recommend the products offered by these companies, consumers should review the product carefully prior to making a purchasing decision.

  6. This content is provided for information purposes only. Estate planning and probate services are provided by Trust & Will, an online service providing legal forms and information. Trust and Will is not a law firm and they do not provide legal advice.

  7. USAA Investment Services Company (ISCO), a registered broker-dealer and a registered investment adviser, provides referral and marketing services on behalf of Charles Schwab & Co., Inc. (Schwab), a dually registered investment adviser and broker-dealer. Schwab compensates ISCO for these services.

  8. Life insurance and annuities provided by USAA Life Insurance Company, San Antonio, TX and in New York by USAA Life Insurance Company of New York, Highland Falls, NY. All insurance products are subject to state availability, issue limitations and contractual terms and conditions. Each company has sole financial responsibility for its own products.

  9. Health insurance solutions provided through USAA Life General Agency, Inc. (LGA) (known in CA and NY as USAA Health and Life Insurance Agency), which acts as an agent for select insurance companies to provide products to USAA members. LGA representatives are salaried and receive no commissions. However, LGA receives compensation from those companies, which may be based on the total quantity and quality of insurance coverage purchased through LGA. Plans not available in all states. Each company has sole financial responsibility for its own products.

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