"Personal Pension"

Explainer Page

Many people have retirement savings and mistakenly believe that just because they have a bucket of money - this means they have a retirement strategy. Retirement funds do not equal a retirement strategy. With a strategy, most people enter a period of life when instead of making fewer complex financial decisions (like how to manage their money) - they are making more. There is a better way and it involves setting up your own personal pension!

What happened to the pensions? (2:13)

 

One day you will get tired of working,

but your bills will NOT get tired of being paid, am I right? Also, do you know someone with a pension? I see them on Facebook and they're always smiling!

Building your personal pension

Here is the big picture. In retirement, you will need to convert some of your assets into a stream of income to comfortably pay your expenses.   

 

Does it make sense to do this as efficiently as possible?  

Allianz 222 deferral explained (6:00)

Many future retirees use a deferred annuity to replicate a personal pension plan​.

The advantage of a deferred annuity like the 222 is that it cannot lose market value. Returns can vary and it's important that you choose the right insurance company. For this demonstration I will share how the Allianz 222 grows during the deferral phase.

 
Northwest Suburbs
1821 Walden office Square
Suite 400
Schaumburg, IL 60173

Phone: (224) 300-5174

 
Western Suburbs
3333 Warrenville Road
Suite 200
Lisle, IL 60532
 
Northern Suburbs
790 Estate Drive
Suite 200
Deerfield, IL 60015
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Investment advisory services offered through Brookstone Capital Management, LLC (BCM), a registered investment advisor. BCM and Rose Advisory Group are independent of each other. Insurance products and services are not offered through BCM but are offered and sold through individually licensed and appointed agents. The content of this website is provided for informational purposes only and is not a solicitation or recommendation of any investment strategy. Investments and/or investment strategies involve risk including the possible loss of principal. There is no assurance that any investment strategy will achieve its objectives. Fiduciary duty extends solely to investment advisory advice and does not extend to other activities such as insurance or broker dealer services. Advisory clients are charged a monthly fee for assets under management while insurance products pay a commission, which may result in a conflict of interest regarding compensation. Any comments regarding safe and secure investments, and guaranteed income streams refer only to fixed insurance products. They do not refer, in any way to securities or investment advisory products. Fixed Insurance and Annuity product guarantees are subject to the claims‐paying ability of the issuing company and are not offered by BCM.  Index or fixed annuities are not designed for short term investments and may be subject to caps, restrictions, fees and surrender charges as described in the annuity contract.