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 are not guaranteed and will rise or fall based on investment performance.