The Alliance for Lifetime Income is working with Elton John — who will turn 75 on March 25 — to try to get U.S. consumers interested in retirement income planning.
The Washington-based annuity awareness group is the presenting partner of John's Yellow Brick Road Tour in North America.
The tour began Jan. 19 in New Orleans and is set to end Nov. 20 in Los Angeles.
Jean Statler, CEO of the alliance, says the group is backing the singer because he is an example of living life to the fullest, on his own terms.
The alliance sees the sponsorship as a way to educate Americans about the need to have a financial plan that includes protected income from an annuity, Statler adds.
The alliance itself experienced the need to plan for the unexpected earlier, when it served as sole sponsor of the Rolling Stones' 2020 No Filter tour. The tour was set to begin May 8, 2020, in San Diego and end July 9 in Atlanta.