Income 4 Life
When the financial markets crashed in 2008, it became clear that traditional retirement planning wasn’t working for millions of Americans. Many were forced to push back their retirement dates and others were left wondering if their retirement savings would run out. On top of this the number of US companies offering pension plans to their employees has fallen steadily to since the 1970s to approximately 20% currently. This has left most Americans to rely on themselves to build retirement income security.
Still many in the financial services industry continue to advocate the use of risky assets within their client’s retirement accounts. Additionally, most financial advisors continue to risk the clients money by championing past stock market glory with the hope that one day it may return. This cheerleading by industry insiders continues today despite the mountain of evidence that exists that using risky assets such as stocks, bonds and mutual funds simply doesn’t work when income is a primary goal of a retirement account.
Income 4 Life was designed for the retirement minded individual who would much rather rely on predictability and guarantees rather than hope and empty promises.
The Income 4 Life Program helps you build your own pension plan by integrating Social Security and/or pension income with retirement savings (401k, IRA’s, TSP and 403B) into one cohesive plan designed to provide consistent, sustainable and guaranteed income streams that will continue throughout your lifetime.
Whether you’re 20 or 80 years old Income 4 Life will help you organize, build and sustain lifetime income. Income 4 Life is designed to help you assemble an income program that you can use now, or years later when you need it, perhaps at retirement.
One of the best things about Income 4 Life is that in most cases your income is contractually guaranteed. In other words you and your spouse will know exactly when your income will start; exactly what your income payments will be and you’ll have the peace of mind that comes with knowing that the income streams will never run out.
The Income 4 Life program will show you how to build your own pension plan by Integrating your retirement savings accounts such as 401k, IRAs, TSP’s and 403Bs with other income sources such as Social Security and/or pension income into a system that will constantly and without fail, provide on-going income.
Many practitioners in the financial services industry believe the retirement account and income plans should revolve around risky assets such as stocks, bonds and mutual funds. We however believe proper income planning should minimize the use of assets whose value can rise and fall (see retirement spend-down trap).
The Income 4 Life program strives to lessen one’s reliance on these risky assets and replace them with accounts that offer principal and income guarantees, thereby building an income plan that will perform regardless of economic or market conditions.
Income 4 Life is not a one-size-fits-all solution. As individuals, our needs, goals and risk tolerances are all different. Income 4 Life takes that into account when building a program that is individualized for each person or family. For example, one person may be best served by having 50% of their retirement assets dependent upon risky assets such as stocks, bonds and mutual funds and the other 50% placed in safe, secure and guaranteed areas. Whereas, a different individual might be best suited with 10% of their assets in risky areas, and the other 90% in safe guaranteed asset classes. There is not “one best solution”, everyone‘s individual circumstances must be taken into consideration in order to find their best solution.
While you’re building up your Income 4 Life program, its income producing ability will continue to grow in spite of interest rate levels or stock market performance. And when you start tapping the income from your Income 4 Life program, the monthly cash flow is guarantee for life and is not subject to the whims of the stock and bond markets nor fluctuations in interest rates. Your income check will continue to show up in your mailbox or bank account without fail……guaranteed!
By the way, the accounts within the Income 4 Life program are backed and guaranteed by many of the oldest and most highly rated companies in the world. Many date back over 100 years.
Unlike most financial services firms, our companies happily put their guarantees in writing.
Start to build your own pension plan, contact us to receive your complementary Income 4 Life proposal. The consultations can be done in person or by phone, your choice. The proposal is complementary and completely without obligation. However, it’s up to you to take action.
Andy Barkate of California retirement plans discusses the “Income 4 Life” program with ABC’s Theresa Ebero. Income 4 Life is a program that shows individuals how to create retirement income plans that are both stable and predictable. The program demonstrates how to reduce one’s reliance upon stocks and mutual funds and instead use accounts which are safe, secure and offer lifetime income streams. Industry studies reveal that because of market and economic volatility, the vast majority of the retirement minded individuals prefer accounts which offer security of principal and income over the “old school” method of trusting the stock market to provide them a continual income. The Income 4 Life program is just can help you balance the safe areas with the riskier areas in order to come up with the optimal blend which can help you achieve your retirement income goal….. Safely
