Income strategy
The Personal Pension Plan
The old retirement model is gone. Build your own pension so your income lasts as long as you do.
What is it?
Your own pension, built from your own savings
A generation ago, retirement was expected to last about ten years and a company pension covered it. Today retirement can last 25, 30 or 35 years—and the pension is gone. For most people, the three-legged stool of pension, Social Security and savings is now wobbling on two legs.
A Personal Pension Plan rebuilds the missing leg. We calculate how much income you absolutely need, when you need it, and convert the right portion of your savings into guaranteed income that cannot be outlived—with protection in place for the bumps in the road.
A Personal Pension Plan rebuilds the missing leg. We calculate how much income you absolutely need, when you need it, and convert the right portion of your savings into guaranteed income that cannot be outlived—with protection in place for the bumps in the road.
What a Personal Pension Plan gives you
- Guaranteed income for life, for you and your spouse
- Essential expenses covered no matter what the market does
- Keeps the rest of your portfolio free to grow
- Built-in protection for long-term care and other “bumps in the road”
- A plan on paper you can actually follow
Ready to talk it through?
A free, no-obligation conversation with a licensed Florida professional. No pressure, no jargon.
Or call (954) 790-5000
Watch
How to build your own Personal Pension Plan
Why retirement needs have changed, how the three-legged stool works today, and how to turn savings into guaranteed income.
Common questions
Frequently asked questions
What exactly is a Personal Pension Plan?
It is a strategy, not a single product: separate essential from discretionary expenses, identify the income gap after Social Security and any pension, then fund that gap with guaranteed lifetime income—typically a fixed or fixed index annuity with an income rider—so your “must-have” income never depends on the market.
Do I have to put all my savings into it?
No. Most clients reposition only the portion needed to cover essential expenses and leave the rest invested for growth and flexibility.
What if my spouse outlives me?
Joint-life income options continue payments for as long as either of you is living.
Does the income ever go up?
Some contracts offer increasing-income or inflation options. We model both level and increasing payouts so you can compare.
Is my principal locked up?
Most contracts allow annual free withdrawals and waive charges for qualifying health events. We review liquidity needs before recommending any contract.
Keep exploring
Related topics
Fixed & Indexed Annuities
The engine behind most Personal Pension Plans.
Wealth Transfer
Make sure what’s left passes tax-efficiently.
Not sure where to start? Ask us a financial question.
Every situation is different and there is no one-size-fits-all retirement plan. Ask anything—you’ll get a straight answer from a licensed professional, not a sales pitch.