Jerry Golden on Retirement

Income Power: Designed to Address Late-in-Retirement Expenses Other Calculators Ignore

September 28, 2017 By Jerry Golden in Income Power 2 Comments Tags: Kiplinger, Learning about Income Power

A visit to my new Income Power calculator at Go2Income.com might raise some questions both financial and existential. Income Power will help you answer them if you let it.

The financial question is easier, so let’s start with that.

People planning for retirement have asked why Income Power provides a path for substantial increases in income and continues that higher level of income beyond age 85, for life.

Conventional wisdom, they point out, states that living expenses go down as you age.

Income Power video shows how to enjoy your retirement without stress

September 13, 2017 By Jerry Golden in Income Power Tags: Annuities, Income power, Kiplinger, Learning about Income Power, retirement

Income Power is a simple concept. It allows you to calculate exactly how much income you can produce from the retirement savings you have.

To answer your questions, I created a video that tells the true story of Tom and Janet. They built a nice nest-egg but, until they learned of Income Power, they couldn’t determine how much money they would be able to spend as they moved into retirement. More

Income Power – Planning for retirement income that will last as long as you do

August 30, 2017 By Jerry Golden in Income Power Tags: Annuities, Baby Boomers, Guaranteed Income, Income power, Kiplinger, Learning about Income Power, retirement income

Perhaps your net worth is $500,000 and you justifiably feel successful. At the same time, you probably still worry: When you choose to retire, will you have enough money to last the rest of your life?

There’s a reason for that. Until now, no one could tell you how much income your savings – even $500,000 or more – would create for you starting at retirement and continuing for life.

Now, you can get your answer. Go2Income.com is introducing a fresh new approach to retirement planning. For the first time, you can calculate with certainty how much income you will be able to count on for the rest of your life. That’s your Income Power.

You aren’t average

6 Retirement Misconceptions

July 18, 2017 By Jerry Golden in Annuity Tags: Asset allocation, Baby Boomers, Guaranteed Income, retirement income, reverse mortgage, Social Security, taxes

In an effort to keep things simple for people who are nervous about retirement – whether they are 42 or 62 – conventional planning strategies focus on how to save and invest money. If you save X amount and invest wisely you will live happily for N years. That is how retirement misconceptions begin.

Saving is good but hard. Smart investing is good – and also quite difficult if the appropriate strategy is not deployed.

Hoping for the best as you draw down that savings to meet your budget in retirement – while absorbing the ups and downs of the stock market, inflation, medical and caregiver expenses – virtually ensures that you will remain nervous about your financial health up to and through retirement. More

The Retirement Gap

June 30, 2017 By Jerry Golden in Annuity Tags: Guaranteed Income, retirement gap, retirement income, Social Security

Planning for retirement is challenging enough when you have to consider questions like:

Did I save enough?
Can I stay in my house?
Can I afford to take market risk?
Will I need special care in my old age?

Most investors would not think that they had to worry about their retirement calculators and the plans produced by those calculators. But they might involve the greatest challenge of all.