Grow it · Protect it · Never Run Out

A Research-Backed Retirement Built on Protection and Guarantees

What if a portion of your retirement income was guaranteed for life — no matter what the market does? And what if you had a tax-free buffer to draw from in down years, so your other accounts have time to recover?

No obligation · No pressure · Just a straightforward conversation

Are Any of These Fears Keeping You Up at Night?

📉

Outliving Your Money

The average American now lives into their mid-80s. If you retire at 65, your savings must last 20+ years — and many accounts offer zero guarantee they will.

🎢

Market Volatility

A bad market year right before or after retirement can permanently derail your income. One crash shouldn't be able to take away what took decades to build.

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The 401(k), IRA, etc., Wasn't Built for This

The 401(k), IRA, 403(b), etc., are retirement savings tools, not a retirement income plan. They have no built-in mechanism to prevent outliving your money, no floor against losses, and no income guarantee.

😰

No Predictable Paycheck

Without a guaranteed income stream, every month in retirement is a math problem. How much can I spend? What if markets drop? Guaranteed income answers that question for life.

Straight from the Source

The Man Who Created the 401(k) Says It Was Never Meant to Do All the Retirement Work

"It was never intended to be the primary vehicle for saving for retirement. All these plans are subject to the ups and downs of the stock market. And it's very obvious with 401(k)s."
— Ted Benna
Creator of the first 401(k) plan (1978) · Widely known as the "Father of the 401(k)" · Still active as a retirement benefits consultant · As told to Yahoo Finance

"Too many people had the highest risk exposure during their working careers at the wrong time. These people took a hit they're never going to recover from."

During the 2008 financial crisis, average 401(k) balances lost 25–40% of their value — with the steepest damage to those closest to retirement who had no time for markets to recover.

Fixed Index Annuities

Your Retirement Income — Guaranteed For Life, No Matter How Long You Live

Your Personal Guaranteed Pension

A Fixed Index Annuity gives you market-linked growth potential with downside protection — and the option to convert into a guaranteed paycheck for life, no matter what markets do.

01

Fund Your Annuity

Allocate a portion of your retirement savings — or roll over an old 401(k), IRA, 403(b), or other qualified account — into a Fixed Index Annuity. No direct stock market exposure.

02

Grow with Protection

Your value grows linked to a market index like the S&P 500. In good years you capture gains (up to a cap). In down years, your floor is zero — meaning no loss of principal due to market declines, minus any applicable fees (many products carry little to no fees).

03

Activate Your Income

When you're ready, turn on your guaranteed lifetime income rider. You'll receive a predictable monthly payment for the rest of your life — regardless of what markets do.

04

Live with Confidence

Enjoy retirement knowing a portion of your income is permanently protected. Spend more freely, sleep more soundly, and leave a legacy for those you love.

🛡️

Principal Protection

Your money is never directly in the stock market. In down years, your account value floor is zero — meaning no loss of principal due to market declines (minus any applicable product fees, which vary by product).

♾️

Lifetime Income You Can't Outlive

With a guaranteed income rider, the insurance company pays you a set amount every month for life — even if your account value drops to zero. They keep paying.

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Market-Linked Upside

While your principal is protected, your earning potential is linked to indexes like the S&P 500. You participate in gains up to a cap — without any of the downside from market declines.

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Tax-Deferred Growth

Your gains compound tax-deferred inside the annuity. You don't pay taxes on growth until you take withdrawals, allowing your money to compound faster over time.

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Spousal Continuation

Many FIAs allow you to add a spouse to the income guarantee. If you pass first, your spouse continues receiving the same monthly income for the rest of their life.

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Death Benefit for Heirs

Any remaining account value passes directly to your named beneficiaries — bypassing probate and delivering an immediate, private inheritance to your loved ones.

How Does a FIA Compare?

Feature CD / Savings Bonds Fixed Index Annuity
Market-Linked Growth
Guaranteed Lifetime Income
0%
Floor Against Market-Driven Losses
(minus fees if applicable; many FIAs have zero fees)
Life
Guaranteed Income for as Long as You Live
+38%
Higher Happiness Reported by Retirees with Guaranteed Income
90 Yrs
Of Data Behind Ibbotson's FIA vs. Bond Research
Cash Value Life Insurance

Your Tax-Free Retirement Income — Available Whether the Market Is Up or Down

Tax-Deferred Growth. Tax-Free Access. A Tax-Free Buffer in Retirement.

A properly structured IUL builds cash value through tax-deferred, market-linked growth — with a zero floor against market-driven losses (net of the cost to maintain the tax-free death benefit). In retirement, that cash value is accessed through policy loans, which are income-tax-free under current IRS tax code Section 7702. Draw from it whether the market is up or down — letting your other accounts recover without the pressure of constant withdrawals.

No Contribution Limits. Unlike IRAs and 401(k)s, a properly structured IUL has no IRS-imposed annual contribution limits — ideal for high earners who want to build additional tax-efficient savings.

No RMDs — Ever. Life insurance is not subject to Required Minimum Distributions. You control when and how much you access, completely on your own timeline.

Market-Linked Growth with a Floor. Cash value grows linked to a market index in up years. In down years, the floor is zero — net of the cost of insurance needed to maintain the tax-free death benefit.

Tax-Free Policy Loan Access. In retirement, you access accumulated cash value through policy loans — income-tax-free under current tax code. Draw from it in up years to supplement your lifestyle, or in down years to let your market accounts recover.

Income-Tax-Free Death Benefit. Any remaining death benefit passes to your heirs income-tax-free — a meaningful advantage Ed Slott and others call the single most underused benefit in the entire tax code.

Creditor Protection. In many states, life insurance cash values enjoy significant legal protection from creditors and lawsuits — a powerful planning tool for business owners and professionals.

"IRAs are the worst possible asset for wealth transfer and estate planning, all thanks to the SECURE Act. The tax exemption for life insurance is the single biggest benefit in the tax code and not used nearly enough because most people don't focus on lifetime benefits."

— Ed Slott, CPA
Nationally Recognized IRA Expert · Source: ICPAS Insight Magazine (Fall 2025)
Ernst & Young Research

According to Ernst & Young, across 1,000 simulated market scenarios, strategies integrating permanent life insurance outperformed investment-only approaches — with cash value serving as a buffer during market volatility, allowing retirees to draw income from their policy rather than liquidating investments at a loss.

Source: Ernst & Young LLP — "Benefits of Integrating Insurance Products into a Retirement Plan"

This Isn't Opinion.

From Nobel Prize economists and PhDs, to top retirement planning experts, to one of the largest accounting firms in the world — the research backs an integrated approach combining annuities and cash value life insurance for an optimal retirement plan.

Nobel Prize · Economics
"Lifetime annuities can be a good way of reducing longevity risk."
William F. Sharpe, Ph.D.
Nobel Laureate in Economic Sciences · Professor Emeritus, Stanford University · Developer of the Sharpe Ratio
Roger Ibbotson · Yale
In a landmark study spanning 90 years of market data, Ibbotson found that Fixed Index Annuities have delivered returns exceeding bonds — with substantially less risk — making them a superior fixed-income alternative in retirement portfolios.
Roger Ibbotson, Ph.D.
Professor Emeritus, Yale School of Management · Founder, Ibbotson Associates (now Morningstar) · Pioneer of modern asset class research
Retirement Economics Research
Combining systematic withdrawals with annuities outperforms all other strategies for anyone retiring with $250,000 or more. The popular 4% rule has significant failure rates at older ages and provides the lowest level of income of any strategy studied.
Mark Warshawsky, Ph.D.
Principal, ReLIA Strategies · Senior Fellow, American Enterprise Institute · Harvard Ph.D. in Economics · Co-author, ACLI-supported white paper on retirement income strategies (2024)
Tax Law Expert
"IRAs are the worst possible asset for wealth transfer and estate planning, all thanks to the SECURE Act. The tax exemption for life insurance is the single biggest benefit in the tax code and not used nearly enough because most people don't focus on lifetime benefits."
Ed Slott, CPA
Nationally recognized IRA expert · Author · Named "The Best Source for IRA Advice" by The Wall Street Journal
Key Findings

Full or Partial Annuitization Leads to Better Retirement Income Outcomes than the 4% Rule — Warshawsky & Pang (2024)

Annuities + systematic withdrawals outperform all other strategies for anyone retiring with $250,000 or more in savings — whether through a one-time immediate annuity purchase or a gradual, laddered annuitization process.
The popular 4% rule is problematic. While offering flexibility, withdrawing 4% of initial wealth indexed to inflation each year has significant failure rates at older ages and provides the lowest level of income of any strategy studied.
Those retiring with less than $250,000 most benefit by annuitizing higher portions of their savings — if not all of it.
Overall, annuities maximize a steady flow of income, can reduce the strain on the remaining un-annuitized wealth, and accommodate wealth growth.

Source: Warshawsky & Pang — "The Role of Life Annuities in Retirement Income Strategies" (ACLI Research, October 2024)

Ernst & Young

Cash Value Life Insurance + Deferred Income Annuities Outperform Investment-Only Retirement Strategies

Across 1,000 simulated market scenarios, strategies integrating permanent life insurance and deferred income annuities produced higher retirement income and more legacy value than investment-only approaches in every risk profile tested.

+5%
Higher retirement income vs. investment-only approach
+19%
More legacy value passed to heirs at age 95
1,000
Market scenarios modeled — results held across all risk profiles

Source: Ernst & Young LLP — "Benefits of Integrating Insurance Products into a Retirement Plan" (2021)

Grant Spencer — Retirement Income Specialist
Grant Spencer
Licensed Insurance Agent & Retirement Income Specialist
National Producer Number: 9423267  ·  Licensed Since 2013

I'm here to help you find the right annuity and cash value life insurance solutions for your retirement needs. My goal is to match you with options that provide security, income, and peace of mind for you and your family.

Licensed in 7+ States American Pension & Retirement Services

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