By Jerry Golden
Income Power is a simple concept that allows you to calculate exactly how much income you can produce from the retirement savings you have. To answer your questions, I created an Income Power video, which tells the story of Tom and Janet.
They have built a nice nest-egg but, until they learned of Income Power, they could not determine how much money they would be able to spend as they moved into retirement.
Watch the Income Power video:
Tom and Janet are real people. As they neared retirement, they realized they had many questions – and they couldn’t find good answers.
“Like many, I had a 401(k) — two, in fact — that I looked at quarterly when I received my statements,” said Tom, who was the head of human resources for a division of a large financial services company. “My main concern was whether the portfolio made money or lost money. The balances looked good with a good blend of equity to fixed-income holdings and I was satisfied.”
When Tom asked more questions — the tax impact of withdrawing their 401(k) money; how much they should take out each year; and figuring out how long their nest egg would last – no one could give him definitive answers.
When Tom learned of my new Income Power calculator, he entered his numbers. Soon he was feeling better, because Income Power told Tom and Janet how much money their savings could provide, guaranteed, for the rest of their lives.
“I felt a game plan was developing that I could follow to help me attain the next level of financial stability for the type of retirement that my wife and I desired,” Tom said. “In my situation, the comfort of guaranteed income that income annuities provided, as well as Social Security, was a big part of the solution — but not the last piece. Discussing my goals with a qualified and experienced investment advisor Jerry referred me to who listened to my needs and my tolerance for risk in the markets provided the ideal integration and balance we were hoping to find and helped complete our portfolio.”
Tom had the exact outcome I envisioned for users of Income Power: More precise information that allowed him to take control of his finances, resulting in greater peace of mind.
You can use Income Power free of charge and with no obligation. If you wish, you may discuss your situation with a Go2specialist who will explain all the options you have for retirement. Visit www.Go2Income/IncomePower.
About the Author
Jerry Golden is a nationally recognized advocate for retirement planning, responsible for landmark innovations for Mass Mutual, AXA Equitable, and more. He is a sought-after speaker, appearing on Bloomberg Radio, Fox News, and CNNfn. and in financial publications like Bloomberg Online and Kiplinger’s Retirement Report. As founder of Golden Retirement, LLC, and Go2Income he is helping people make retirement plans that create dependable, spendable retirement income for a lifetime.
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