Case Study: An FIA for Guaranteed Income

December 3, 2024 by Kerry Pechter

A 62-year-old woman, newly retired, wanted exactly $600-a-month to supplement her Social Security benefit, starting immediately. She asked New Jersey advisor Andy Panko to locate the lowest-cost source of such an income.

Investment advisers instinctively optimize each client’s portfolio performance, or try to. For clients in the “accumulation stage,” when the goal is almost always to pursue the highest investment gain (at the client’s self-selected risk-tolerance level), that makes perfect sense.

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Originally Posted at Retirement Income Journal on November 25, 2024 by Kerry Pechter.