Direct investment in real estate can be a good diversification tool for a retirement portfolio, providing low correlation with other asset classes, a hedge against inflation and long-term growth potential. Typically, real estate performance does not closely correspond to that of stocks and bonds, and has shown less volatility over time, marking it as a distinct asset class. Please note that real estate securities do have additional volatility. Past performance is not a guarantee of future results.

Annuity account options are available through contracts issued by TIAA or CREF. These contracts are designed for retirement or other long-term goals and they offer a variety of income options, including lifetime income. Payments from the variable annuity accounts and mutual funds are not guaranteed and will rise or fall based on investment performance. Mutual funds do not offer the range of income options available through annuities.