About Jerry
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 benefitting from 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 founded Golden Retirement, LLC and organized its two subsidiaries (GRA and 2IAG) to deliver a plan for retirement income with more income and less risk by integrating annuity payments into Income Allocation planning. By combining both online planning with support from Advisor-Counselors GR can deliver and manage these plans at lower cost than traditional plans. Further, GR can reduce the retirement tax rate by recognizing the tax benefits of income annuities in its planning.
Jerry has appeared on CNN, 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.
Over thirty of his blogs have been published on Kiplinger.com.
Jerry Golden's Recent Articles
How a Fixed Index Annuity Can Manage Retirement Income Risks
Good retirement income planning involves adjusting to circumstances and evaluating innovative products. Consider an FIA to manage downside risk. I have spent my career looking for new ways for retirees to create income — particularly safe, lifetime income — and at the same time meet their objectives for legacy, inflation protection, liquidity and risk management. […]
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Do Alternative Investments Belong in Your Retirement Plan?
There’s a lot of promotion of ‘alternative investments’ these days, from gold to real estate and even to Bitcoin. Are you missing out? If you do any research on your own about how to create a solid retirement, you’ve read about alternative investments, financial managers who boast great performance and the tech stock your friends […]
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How You Might Need to Adjust Your Retirement Plan in 2024
Here are some of the challenges that could lie ahead this year, plus some suggestions for how you might deal with them to help secure your financial future. Looking forward to the new year, my advice is to be, well, flexible. It’s difficult to foretell the future, even when the future is tomorrow. So, predicting […]
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How Finances Can Improve for Retirees — and the Next Two Generations
Hypothetical retirees from 2017 are in much better financial shape today, thanks to annuities and higher interest rates. Their kids and grandkids stand to also reap the benefits. Who knew the holidays would result in a reordering of family financial plans? One minute we sit down for turkey and all the fixings, and the next […]
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A Plateful of Financial Topics That Might Come up Over Turkey Dinner
From higher prices and mortgage rates to AI planning our retirements: These are some of the conversations you might have as multiple generations gather for the holiday. The joy of the holidays means gathering everyone around the dining room table. Three or more generations might get together at this time of year and no other. […]
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Annuity Payments Are 30% to 60% Higher: Time to Reconsider
When interest rates rise, so do payments on new annuity contracts. Maybe it’s time to take another look at how annuities can fit into your retirement income. Yes, interest rates are up, and that hurts new home buyers and other borrowers. Yes, short-term interest rates paid on your bank account are higher. Yes, long-term interest rates […]
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How to Get More Retirement Income From Your 401(k)
An integrated approach of investments and annuities could provide you with more retirement income in addition to protection against inflation and late-in-life expenses. One might yearn for the days of company pensions, but we live in the era of the 401(k) and similar plans, so we might as well take full advantage of them. That […]
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Don’t Bet Your Retirement on Stocks: Follow These Four Tips
Keep a generous amount of your savings in the stock market, but make stocks only part of your retirement income plan to manage the risks. Gambling can be a fun little pastime between friends — or a disaster. There’s a difference, for example, between losing a $100 bet on your favorite NFL team and running […]
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Do You Have Enough Income to Retire? That Is the Question
To be or not to be secure in retirement … Income planning is critical, and that means testing different strategies and products to get your best outcome. It’s a mistake to think about retirement only in terms of your savings. I’ve written about this before, but many people — including a lot in the media […]
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Remember: Retirement Accounts Are Not All Taxed the Same
How you handle your pre-tax and after-tax accounts can make a big difference in your income in retirement and the legacy you leave. As you formulate your plan for retirement, you may be pleased with the amount of money saved over your working life and now invested in your after-tax investment accounts, IRA/401(k) accounts and […]
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