The document discusses how retirement planning has changed over time. In the past, pensions provided guaranteed monthly income but now most retirees rely on 401(k) plans. This places the burden of making savings last throughout retirement on individuals. Additionally, retirees now face challenges like longer lifespans, low interest rates, and volatile markets which makes securing reliable retirement income difficult. The Aria Retirement Solutions aims to provide a simple yet flexible solution through guaranteed income, equity exposure, and professional management to help retirees navigate these challenges.