(This post has been updated from the original post of 12/23/2018)
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Everybody wants "it" when they retire, but many people retiring today don't have "it."

Our parents had "it" when they retired - "it" is a specific type of annuity known as a pension, and our parents received a guaranteed monthly income from "it" until they passed on.

Most people retiring today receive monthly payments for the rest of their lives from another example of an annuity, i.e. Social Security...

Corporate pensions and Social Security are two examples of specific types of annuities known as an "income annuities." 

All annuities do what no other financial instrument on the planet can do - they provide a guaranteed income for the rest of your life and the life of your spouse.

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People tell me all the time - "Rick, I hate annuities!" 

Oh, really??   

You're telling me that you hate getting guaranteed income every single month, like clockwork, until you and your spouse pass on???   

Really??

What I've found is that people don't have all the facts about annuities, and that's where I come in...  One of my jobs is helping people educate themselves about retirement options they may not know about, such as Fixed Annuities. 

I've been helping people learn about "it" for 16 years now, since 2004 - take a moment and check out this informative article that's all about "it:"

https://www.kiplinger.com/article/retirement/T003-C032-S014-seeking-guaranteed-lifetime-income-join-the-club.html

Check out the link below for a short video that provides information about "it." 
https://www.safemoneyhouston.com/annuity-primer.html

Here's a link that deals specifically with setting up your own "private pension."
https://www.safemoneyhouston.com/create-a-private-pension.html

Here's an example of a common problem I help my fellow Boomers permanently solve:

Many people retiring today have guaranteed income from Social Security, but they don't have a corporate pension, and often the monthly Social Security deposit isn't sufficient to cover their basic monthly expenses.

​What they may not realize is this:  they can create their own "private pension" that pays a specific monthly amount, either the same amount every month or increasing, and when it's added to the Social Security deposits, the person's or couple's basic living expenses are now covered - those deposits will happen, every month, for the rest of their lives.

The possibility of outliving their money has been eliminated!
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When we retire, we're "flying blind" about many things... For example, we don't know:

a) how long we'll live
b) what the stock market's going to do, and
c) how much we can withdraw from our 401(k) every month & not run out of money    
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If your Social Security pension isn't quite enough to cover 100% of your monthly basic living expenses, and you're tired of "flying blind," you can use a small portion of your retirement account to create the additional guaranteed monthly income you and your spouse need. 

Then, you'll know, with 100% certainty, that your basic monthly living expenses are covered, no matter how long you live and regardless of the investment returns your retirement accounts receive.

Got questions about "it?"  Give me a call, reply to this email or fill out the form below....

Best regards, 

​Rick

I'm in the process of obtaining my R.I.C.P. (Retirement Income Certified Professional) designation (https://www.theamericancollege.edu/designations-degrees/ricp), and I saw a PDF I thought may be of interest to you... 

Not exactly fun stuff to read, but it's still information we need to learn about and ponder...

The PDF outlines 18 risks we face in retirement - some of them you know about, but there may be some risks you haven't considered...

Here's the link:

Give me a call, send a reply in the box below or send an email with any questions you may have...

Best regards and Merry Christmas,

​Rick Dennis
 rick@SafeMoneyHouston.com
(713) 206-3885
​(832) 356-SAFE (7233)

Click the link below to download the 120 page PDF "Medicare & You 2020" from the Department of Health and Human Services...

I thought you might find the information useful - feel free to forward it to any friend who may be looking for this information as we head into 2020.

Merry Christmas & Best Wishes To You & Your Family,

​Rick Dennis

Check out the screenshot below - it's the Data Entry screen for a proprietary website that lets you and me see, on one screen, the guaranteed lifetime income the top 10 annuity carriers will pay you (and, if you're married, your spouse) for the rest of your life.

If you've ever thought about the idea of receiving a guaranteed monthly "paycheck for life," and you've wondered how much you'd get, you can know the answer with 100% certainty...  but, there is one question you have to answer:

Do you have 30 seconds to spare?

That's how much time it takes to enter the following information into the fields shown on the screenshot:

1. Premium - the amount to be deposited (you still own & control the money)​
2. Qualification - is the money "Qualified" (IRA, 401(k), TSP, etc) or "Non-Qualified?"
3. Payout - "Single" or "Joint," i.e. guaranteed lifetime income for just you, or for you and your spouse
4. Age - Your current age and, if choosing "Joint" payout, the current age of your spouse
5. Click on "Generate"

When we click "Generate," the next screen shows you the guaranteed lifetime incomes from the top 10 annuity carriers:

• across the top of the report, you'll see the names of the top 10 annuity carriers that are competing for your business
• as we move down the page, we'll see what each carrier will pay you, depending on when you think you'll start receiving your lifetime income - the longer you wait to begin your lifetime income, the higher the guaranteed payments will be, and you can see these results immediately, for all 10 carriers
• whether you want to start your guaranteed lifetime income immediately, in 5 years or even wait 20 years, you'll be able to compare the top 10 carriers instantly to see which company will pay you the highest guaranteed lifetime income!

When you look at the report, you'll instantly know, with 100% certainty, what your guaranteed lifetime income WILL BE at any point in the future - not what it COULD BE  or MIGHT BE... 

How does that compare to your current financial plan?  Does your current plan offer a "paycheck for life" plan?

So... the question still remains:

​"Do you have 30 seconds to spare?"

The #1 fear of the Baby Boomers is the fear of outliving our money, and a contractually guaranteed "paycheck for life" solves that problem... permanently.

Annuities are the only financial instruments able to provide a guaranteed check every month, no matter how long a person or a couple lives, thus eliminating the risk of outliving one's money.

Perhaps you'd like to "kick the tires" and run some "what-if" scenarios - at 30 seconds per scenario, we can run as many as you like.

Unlike illustrations and scenarios that rely on assuming various stock market returns to show outcomes with varying probabilities of success, EVERY answer from EVERY annuity carrier shown on the report is contractually guaranteed, so you're able to  compare "apples to apples" and see which A-rated carrier will pay the highest guaranteed lifetime income to you and your spouse...

 So... if the idea of eliminating, once and for all, the risk of outliving your money sounds interesting, or if you'd like to "kick the tires," run some "what-if"scenarios and see which company will give you the best deal on a guaranteed monthly check for a specific amount, give me a call, send an email or click the link below & fill out the form. 

We'll enter your data into the fields, click "Generate," and you'll immediately be able to compare the results from the "top 10" annuity providers - it really is just that simple...

https://www.safemoneyhouston.com/contact.html

There's no cost or charge - only answers...

Best regards,

Rick Dennis
Conservative Retirement Solutions, LLC
1800 St. James Place, Suite 325
Houston, TX  77056
(713) 206-3885
​
"Your Retirement... Insured & Guaranteed!"

Here are solutions for two common Baby Boomer problems:

Problem:  "I'm worried about running out of money if I live too long."
Solution:   To solve this problem, once & for all, go here:  www.MyPaycheckPlan.com

Problem:  "I'm worried about losing money if the stock market goes down or crashes."
Solution:   To solve this problem, once & for all, go here:  www.NesteggSafety.com

Problems solved, once & for all...

"Any questions?"

(The screenshot above is from a website I use that allows you and me to know, with 100% certainty, how much guaranteed income the top 10 companies will pay you, every month, for the rest of your life...)
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Here are two things many Baby Boomers think about regarding their retirement:

• They wonder how much money they can withdraw from their Retirement Accounts every month without running out
• They don't know how long they'll live & they don't know what the stock market's going to do during their retirement years

Here's the guaranteed solution to both concerns:

• You call my office - (713) 206-3885 or (832) 356-SAFE (7233)
• You and I fill in the 4 blanks on the proprietary software screen with the answers to these questions:

1.  Amt you want to base your lifetime income on
2. Is money “qualified” (IRA, 401k, etc), or “non-qualified?”
3. Is lifetime income just for you, or you & your spouse, i.e. “single” or “joint?”
4. Your current age (& spouse’s age, if answer for #3 is you & your spouse)

When we press "Enter," you and I will instantly see the guaranteed lifetime income offered by the top 10 companies in Texas - on one screen, we'll see what these companies will guarantee you, whether you want to start income immediately or wait up to 25 years.

These companies are competing with each other for your business, and you can instantly see which company is offering you the highest guaranteed income.
 
In a matter of minutes, you'll go from "not knowing" to "knowing," with 100% certainty, what your guaranteed income will be for the rest of your life and the life of your spouse, with the balance in your account going to your heirs when you and your spouse pass on...

Don't know about you, but I call that "Problem Solved."

If you have questions, or if you'd like to run this analysis, just send an email or give me a call...
Best regards,

Rick Dennis
"Your Retirement... Insured & Guaranteed!"
rick@SafeMoneyHouston.com
(713) 206-3885
(832) 356-SAFE (7233)

Hanging out with "Mattress Mack" Jim McIngvale after hearing his very inspirational talk at this morning's Prayer Breakfast at St. Pius X High School - Prayer Breakfast sponsored by Catholic Radio KSHJ - AM 1430...

Answer:  When that 50% gain is actually "locked in" and it can never be lost when the stock market crashes or declines.  
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Check out the spreadsheets below - they're comparing how the performance of a hypothetical fund based solely on the annual returns of the S&P 500 Index (the columns with the blue heading) compared to the performance of a Fixed Index Annuity over the recent 20 year period of 01/01/1999 - 12/31/2018.

The first spreadsheet compares the performance of the stock fund and the annuity without any withdrawals, and the 2nd spreadsheet compares their performance while withdrawing the classic 4% per year.
 
In both spreadsheets, although the stock fund received 100% of the gains of the S&P 500 each year the index went higher, it also received 100% of the losses during those years when the stock market declined or crashed (note the yellow highlighted cells).

As you can see, in both spreadsheets the annuity received 50% of the gains of the market each year, but received 0.0% of the losses.  

Fixed Index Annuities (FIAs) automatically "lock in" gains when the stock market moves higher, and then never lose any money when the stock market declines, so even with only "50% of the gains," the FIA ends up with 28% more money after 20 years than the stock market fund...