Bracing for the bear market: 78% of pre-retirees worry that market volatility will impact their ability to retire on time1, Lincoln Financial Group research reports

RADNOR, Pa.–(BUSINESS WIRE)–As economic uncertainty has investors feeling lost in the woods, pre-retirees are bracing for a bear market, with 78% worried they’ll be able to retire on time.2. Today, Lincoln Financial Group (NYSE: LNC) announced its latest annuity innovation to help offer financial confidence for consumers as they plan for retirement and other financial needs. Starting Nov. 21, Lincoln ProtectedPaySM lifetime income suite, available for added cost to Lincoln annuities, has six protected lifetime income options that offer predictable growth and investment flexibility.

Available exclusively on Lincoln Financial variable annuities through broker-dealer and registered investment advisor channels, Lincoln ProtectedPay is a simplified approach to help provide a protected retirement income that can’t be beat – regardless of market performance.

Variable annuities are long-term investment products that offer a lifetime income stream, access to top investment managers, options for guaranteed growth and income (available for an additional fee) and death benefit protection.

New research also shows that only 31% of respondents (and 21% of Baby Boomers) feel very confident that their savings will last until retirement.3 By means of Lincoln ProtectedPay, retirees receive reliable, protected payments throughout their lives.

Facing the bear market of 2022, investors may be uncomfortable with how portfolio losses are affecting their retirement dreams,” said Tim Seifert, senior vice president and business head of Retirement Solutions Distribution, Lincoln Financial Distributors. “However, by protecting products like new Lincoln ProtectedPay suite, investors can help protect the retirement they envisioned. ”

the Lincoln ProtectedPay The lifetime income suite offers customizable options to investors that best suit their needs. Product features include:

  • Guaranteed growth of 6% for future income. The higher the performance of the account, the higher the amount will be locked.4

  • Investment choice and flexibility by building a portfolio that fits individual goals and preferences.

  • Protected retirement benefits.

Lincoln Financial is committed to creating and distributing annuities and other financial protection products to help Americans retire with confidence,” said Stephen Turer, senior vice president and head of business at Annuity Solutions at Lincoln Financial. “Our latest innovation, Lincoln ProtectedPayis the continuation of that proud legacy, and we are happy to offer pre-retirees the protection and growth that will help them thrive in any market.

It is the latest addition to Lincoln Financial’s broad and innovative portfolio of annuity solutions, which features more product selection than any other annuity carrier5.

Lincoln’s Protected Payments The lifetime income suite is not available in all states including New York. WARRANTIES ARE BASED ON THE CLAIMS PAYING ABILITY OF THE INSURANCE COMPANY.

About Lincoln Financial Group

Lincoln Financial Group provides advice and solutions that help people manage their financial lives with confidence and optimism. Today, approximately 16 million customers rely on our retirement, insurance and wealth protection expertise to help meet their lifestyle goals, savings and income, and manage care costs for a long time. Headquartered in Radnor, Pennsylvania, Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE: LNC) and its affiliates. The company has $270 billion in account values ​​at the end of the period on September 30, 2022. Lincoln Financial Group is a committed corporate citizen included in major sustainability indices including the Dow Jones Sustainability Index North America and FTSE4Good and Newsweek’s Most Responsible Companies ranking. Dedicated to diversity, equity and inclusion, we are included in transparency benchmarking tools such as the Corporate Equality Index, Disability Equality Index and the Bloomberg Gender-Equality Index. Committed to providing our employees with flexible work arrangements, we have been named to FlexJobs’ list of Top 100 Companies to Watch for Remote Jobs in 2022. With a long and rich heritage of acting ethically, speaking to truth and speaking up for what’s right, Lincoln was recognized as one of the 2022 World’s Most Ethical Companies by Ethisphere®. We create opportunities for early career talent through our intern development program, which ranks among WayUp and Yello’s annual Top 100 Internship Programs list. Learn more at: Follow us on Facebook, Twitter, LinkedIn, and Instagram. Sign up for email alerts at

Important Information:

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 professional regarding any tax, accounting, or legal statements made herein.

Variable annuities have fees and charges, including mortality and expense, administrative, and advisory fees. The value of the annuity fluctuates with the market value of the underlying investment options, and all assets accumulate tax-deferred. Withdrawals of earnings may be taxed as ordinary income and, if taken before age 59½, may be subject to an additional 10% federal tax. Withdrawals reduce the death benefit and cash surrender value.

Investors are advised to carefully consider the investment objectives, risks, and charges and expenses of the variable annuity and the underlying investment options before investing. Available prospectuses for variable annuities and the underlying investment options contain this and other important information. Please call 888-868-2583 for a free prospectus. Read it carefully before investing or sending money.

Products and parts are subject to state availability.

Lincoln variable annuities are issued by The Lincoln National Life Insurance Company, Fort Wayne, IN, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer. Lincoln National Life Insurance Company does not solicit business in the state of New York, nor is it authorized to do so.

The contracts sold in New York are issued by Lincoln Life & Annuity Company of New York, Syracuse, NY, and distributed by Lincoln Financial Distributors, Inc., a broker-dealer.

All contract guarantees and riders, 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 endorsed by the broker-dealer or insurance agency through which this annuity was purchased, or any affiliated entities other than the issuing company’s affiliates, and no one makes any representations or warranties about the ability to pay the claim of the issuer.

There is no additional tax-deferral benefit for an annuity contract purchased with an IRA or other tax-qualified plan.

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

© 2022 Lincoln National Corporation. All rights reserved.


1 Source: Lincoln Financial, Monthly Consumer Sentiment Omnibus, June 2022

2 Source: Lincoln Financial, Monthly Consumer Sentiment Omnibus, June 2022

3 Life in New York,”Wealth Watch: A survey exploring Americans’ financial goals, progress and feelings about their ability to secure their financial future,” 2022.

4 the [6%] the simple annual growth will continue for the earlier of 10 years or until age 85 (based on the oldest life for the joint). the [6%] The enhancement is not available in any year the withdrawal is taken. In New York, the [6%] The enhancement is not available once the first protected Annual Income occurs, but the account value can be locked till the age of 85.

5 Based on the total amount of deferred annuities and riders actively marketed by each Top 10 carrier through March 31, 2022, according to Wink, Inc.


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