income, risk management

How to set up Guaranteed Retirement Income

How much income are we going to need in retirement?

How do we make sure we don’t outlive the money that we have saved?

Every person’s retirement needs are different, but even within the variability, we all have several expectations in common.

  1. Inflation eats away at a retiree’s purchasing power. The dollar we have saved today will purchase fewer goods in 10 or 20 years.
  2. Humans are living longer due to advances in medical technology. When social security was set up in the 1930s life expectancy was to age 65; now average life expectancy is 76, and we all know people who living well into their 90s. (1) The longer we live, the more we need in financial resources.
  3. Most people working in the United States do not have pensions.
  4. High quality bonds generally do not generate enough income to meet obligations in this age of low interest rates.
  5. Most people agree social security does not provide enough income for most retirees to meet all their financial needs.
  6. The stock market is volatile. While we all want the rewards that come with investing, we cannot always afford the risks that come with it as well.

Based on these assumptions alone it is clear that as we approach retirement, we need to identify strategies that will help us manage these risks in retirement. How can we keep up with inflation, make sure we don’t outlive our money, and create a guaranteed income stream?

For savers and retirees, a potential solution to these issues may be annuities that provide guaranteed1 retirement income. Some types of annuities provide a lifetime guaranteed income stream while giving the investor the ability to stay invested in the market. If the market declines, they will continue to get their stream of income based on their contract, but they will not have easy access to their principal deposit.

By contrast, someone invested in the market without such guarantees, drawing income and experiencing a down draft in the market they may find themselves running out of money during retirement.

This fear, running out of money during retirement, is people’s number one fear according to several recent studies.

If you feel uncomfortable investing in the market, please reach out to me to discuss options that can help you protect your lifestyle regardless of what happens in life. Reach out to me by email me .

Retirement Income. Tax Efficient Planning.

Life Insurance. Disability Insurance

Socially Responsible Investing

To learn more contact:

James Cox

Cell: 267 323 6936


Park Avenue Securities 150 South Warner Rd.  Suite 120 King of Prussia, PA 19406

This material is intended for general use. By providing this content, Park Avenue Securities and your financial representative are not undertaking to provide investment advice or to make a recommendation for a specific individual or situation, or to otherwise act as a fiduciary. This material contains the current opinions of the author but not necessarily those of Guardian or its subsidiaries and such opinions are subject to change without notice. Annuities are long term investment vehicles designed to help investors save for retirement and involve certain contract limitations, fees, expenses, and risks, including the possible loss of the principal amount invested. The investment return and principal value may fluctuate so that the investment, when redeemed, may be worth more or less than the original cost. As with many investments, there are fees, expenses and risks associated with these contracts. 1All guarantees including the death benefit payments are dependent upon the claims paying ability of the issuing company and do not apply to the investment performance of the underlying funds in the variable annuity. Assets in the underlying funds are subject to market risks and may fluctuate in value.

Registered Representative and Financial Advisor of Park Avenue Securities LLC (PAS). OSJ: 150 S. Warner Road, Suite 120, King of Prussia, PA 19406 (610)293-8300.  Securities products and advisory services offered through PAS, member FINRA, SIPC.  PAS is a wholly owned subsidiary of Guardian.

2023-156283 exp 6/25