Bohemia, NY (PRWEB) March 13, 2013
On March 13, Jerry Golden, the developer of Savings2Income (S2I), releases a new video which describes an the concept of a No Worry Age in Retirement when a retiree’s essential living expenses are met by three monthly checks paid for life. The goal is to provide retirees with true peace of mind.
While most investors only consider Social Security as a predictable source of retirement income, there is no reason that investors can’t achieve that security from other aspects of their savings.
Golden proposes the idea of retirees setting a no worry age of, say, 75, 80 or 85, when monthly checks from Social Security, from their tax-qualified (like a 401(k) plan) and/or Rollover IRA savings, as well as from their personal retirement savings, adds up to match or exceed their monthly essential expenses.
The checks from their personal retirement savings and Rollover IRA Savings can come from fixed payout annuities issued by highly rated life insurance companies. These checks can be deposited monthly into a retiree’s bank account and guaranteed for life.
“Setting that no worry age as your date of retirement could mean the loss of flexibility and liquidity, and, may require a large financial bet. Setting that no worry age at 75 or later enables the investor to gradually create the Guaranteed Income necessary to achieve peace of mind, “Golden says.
An innovative planning method that was created by Jerry Golden to benefit those recent retirees and those soon to retire called Savings2Income, seeks to provide a clear path to retirement security, and incorporates qualified savings, personal retirement savings and Social Security into an integrated solution.