Guaranteed Income Archives - Page 2 of 9 - Jerry Golden on Retirement

9 retirement planning trends that make us thankful

November 21, 2017 By Jerry Golden in Annuity, Miscellaneous Tags: 401(k), Annuities, Guaranteed Income, QLAC, Retirement planning trends, Social Security, Thanksgiving

As much as we look forward to the gathering around Thanksgiving, preparations for many of us include ticking off a mental list of what we cannot talk about for fear of igniting a feud in-between second helpings and dessert.

In the spirit of the holiday, I present a list of topics (about retirement of course) that fall into three categories:

Safe for dinner conversation.
Discuss only when Uncle Bob is out of the room.
Danger! Politics!

Whether you play it safe or plan to leave before the pie is served, here are nine retirement planning trends for which I am thankful this season. Please don’t blame me if some relatives at the table feel differently. More

How I invented Income Power

October 10, 2017 By Jerry Golden in Income Power Tags: Annuities, Dependable spendable income, Guaranteed Income, Income power, Kiplinger, Learning about Income Power, retirement income

I have been a tinkerer and inventor my entire adult life, but instead of building a better mousetrap, I concentrate on financial products.

I started my career as an actuary and graduated to manage divisions of financial service companies. I even ran my own life insurance company. Now I’m an entrepreneur and financial advisor, constantly thinking about how to help people with the most common retirement question:

Will the money I saved for retirement last for the rest of my life?

My latest invention is Income Power, which tells investors how much lifetime income they can get from their retirement savings — guaranteed. It also helps analyze what steps to take if these savings won’t provide as much income as investors need. 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.

Guaranteed Income