Longevity can be a tricky concept for investors to tackle—while we know we must plan to be financially sound for at least the entirety of our lives, it’s impossible to know just how long that will be. Additionally, many investors also wish to leave a legacy in the form of assets passed down to relatives or charity, which requires their wealth to last even beyond their lifetimes. And with people living longer than ever thanks to medical advancements and healthier lifestyles overall, investors find themselves needing to strategize for an even longer unknown.
“New York Life Investments” is both a service mark, and the common trade name, of certain investment advisors affiliated with New York Life Insurance Company. The MainStay Funds® are managed by New York Life Investment Management LLC and distributed through NYLIFE Distributors LLC, 30 Hudson Street, Jersey City, NJ 07302, a wholly-owned subsidiary of New York Life Insurance Company. IndexIQ® is an indirect, wholly-owned subsidiary of New York Life Investment Management Holdings LLC and serves as the advisor to the IndexIQ ETFs. ALPS Distributors, Inc. (ALPS) is the principal underwriter of the ETFs. NYLIFE Distributors LLC is a distributor of the ETFs. ALPS Distributors, Inc. is not affiliated with NYLIFE Distributors LLC. NYLIFE Distributors LLC is a Member of FINRA/SIPC.