Golden Retirement, LLC ("GR"), is the developer of the Go2Income website and the Savings2Income system for retirement income planning. The Go2Income website does not provide legal, tax or investment advice. We can refer you to an investment advisor trained in integrating Income Annuities into retirement portfolios.
GR's president and founder, Jerome (Jerry) Golden, has been recognized as one of the financial services industry's leading innovators, having played an important role in the creation and adoption of several major financial products over his career. Jerry also is CEO of Golden Retirement Advisors Inc., a registered investment advisor, and the 2Income Annuity Group, Inc., an insurance agency licensed for life insurance and annuities. Both companies are licensed in a limited number of states and will work with qualified independent agent - advisors in states where not licensed.
Jerry has been involved with annuities since an initial assignment as a young actuary to price an immediate annuity. He was impressed with the ability to match assets and liabilities, which benefitted both the purchaser and the insurer. He recognized the risk that insurers were taking because of the potential increase in lifespans, and the risk pooling purchasers were taking when buying an annuity. He watched the business become more competitive as additional companies created products, along with the movement to "new money" pricing, and more frequent pricing changes. He was responsible for some of the innovation and holds two patents regarding these types of annuities.
Jerry was president of the Income Management Strategies Division of MassMutual, where he developed the patented Retirement Management Account, described by Cerulli Associates (recognized experts in researching worldwide asset management and distribution trends) as the "quintessential managed account platform for retirement income.
As an executive vice president of AXA Equitable, he led development, management and marketing of the Accumulator Variable Annuity, which reached $15 billion in annual worldwide sales. With this innovation and others, Jerry has been called "the father of modern variable annuities."" Jerry has appeared on CNNfn, Fox News, and Bloomberg Radio, and he and his research have been featured in many leading financial publications, including Kiplinger's Retirement Report, Financial Planning, Investment News and others, as well as numerous consumer-oriented publications and daily newspapers. His proposal for Social Security reform appeared in Bloomberg News online.WATCH INTERVIEW WITH JERRY
Jerry Golden on Retirement
Jerry has written extensively about annuities specifically and retirement matters generally, and has been quoted and interviewed in major publications.
Jerry has published over 200 posts on Jerry Golden on Retirement, covering such topics as Social Security, retirement calculators, tax strategies, and income annuities. His article on defusing the tax bomb appeared on NextAvenue, NPR's website for people 50 and over.
Set out below are some of the most recent articles. Click here to search the blog for the topic you might find interesting.
Jerry Golden's Recent Articles
Most people, particularly those in or near retirement, are concerned (and for good reason) about what the market performance in December did to their retirement plans. My friends, knowing what I do, ask me, “So, what do you think about the market?” My answer to them is, “We’re OK, but the kids will inherit less […]
The post 2019 New Year’s Resolution: Fix my retirement plan appeared first on Jerry Golden on Retirement.
As you know, things sometimes don’t work out the way you plan. People die too young or need professional care after an illness or disability. Sometimes, just living to a nice old age drains the savings you worked so hard to bank. That’s why people who care about their families and themselves buy insurance to […]
After the recent stock market volatility, some advisors said investors should take a deep breath. Or as one pundit said, “Don’t worry about market jitters, just get a hobby.” On the other hand, I think it’s the absolute right time to reconsider the standard advice you get when the market takes back all of the […]
The post Your emotions — and retirement plan — can rise even as markets fall appeared first on Jerry Golden on Retirement.
Taxes raise money for government operations, but they also sometimes serve to change behavior in society. Taxes on cigarettes are a well-known example because they tend to cause smokers to quit, especially when the taxes approach the cost of a pack. Society further benefits from a reduction in health-related costs. I propose a tax change […]
The post A tax proposal to increase income for retirees while reducing the deficit appeared first on Jerry Golden on Retirement.
A common recommendation for retirees is to cut back on spending if they don’t have enough savings to pay for essential expenses. A recent study by the Employee Benefit Research Institute (EBRI) shows that only 60% of U.S. residents between the ages of 35 and 64 are on track to cover 100% of the average […]
A lot of visitors come to Go2Income.com or other income annuity sites to find out how much income they can generate from a specific amount of retirement savings. The quote they receive can be for an immediate annuity, deferred income annuity (DIA), or QLAC (a special form of DIA) purchased out of a rollover IRA […]
We are about to add the first of a series of new income planning tools to the Go2Income.com site. It will allow retirees to design an income allocation plan tailored to their personal circumstances. I have been writing about income allocation for a while. This approach changes the retirement planning paradigm and addresses your need […]
One of my Baby Boomer clients asked for help with a retirement plan that would provide her with a specified level of “safe income” every month. She understood that she did not have enough savings to live off interest on U.S. Treasury bonds or savings accounts. Very few of my clients have accumulated that much […]
The Vanguard Group made news recently when it announced it would reduce the number of funds available to its investors. The goal, the fund said, is to minimize confusion. Jack Bogle, the legendary finance expert who founded Vanguard (but who no longer runs it) said in an interview with Fox News that the fund could […]
The post Develop a plan for income allocation to truly simplify retirement appeared first on Jerry Golden on Retirement.
People planning for retirement often approach me, in person or through my blog, and ask questions about whether they have enough money to retire, hoping I can ease their minds or make life easier for them. One client recently asked: “I’ve got 10 years to go before retiring. I’m contributing at the max to my […]
The post Retirement Planning Job #1: How much income can your savings generate? appeared first on Jerry Golden on Retirement.
- GOLDEN RETIREMENT — In The News
- America Needs A Retirement Czar
By Jerry Golden, Opinion Contributor
- Income Power Highlighted
Greenwich resident launches new retirement calculator Read More
- Golden Retirement Announces
Relaunch of Its Go2Income Platform
for Income Annuities. Read More
Sam and Sally, typical baby boomers facing retirement challenges as most others of their generation, are making a new appearance in a Golden Retirement, LLC ("GR") production - addressing the "Five Reasons" you need these annuities in your retirement portfolio.