Income Riders are a big deal, especially for somebody who has a 401(k) or an IRA and they need income now or eventually

Look, if you're in your 60s, and you're thinking about retiring or you’re retiring now, you must know how to turn that money into income.

How do you get it?

Well, you can either haphazardly call your 401(k) administrator and say, “Hey, send me 3% or 4% a year to live on.” Whether your 401(k) balance is going up or going down. It is variable income. There are smarter ways to turn that money into guaranteed income.

The smarter way is you can distribute your money with an annuity that has an income rider. This income rider is going to guarantee you an income stream for the rest of your life, guaranteed, as long as you live.

If you have money sitting in a bank, if you have a 401(k) or an IRA that's not doing well, give us an opportunity to earn your business.

We’re glad to sit down with people and we want to hear your story. We want to know what's going to help you.

The first thing I say to clients is, “How do you think I can help you?” because everybody's vision of how I can help them is different. And I’ve got to understand that.

*Blog Disclosure: It's not the purpose of this blog post to provide tax, legal and/or financial advice and you should always seek counsel from your CPA, attorney, and/or advisors as these topics relate to your specific needs. This information is being presented in a very general way and it's for illustrative purposes only.