Episode #190: How to Create Your Own Pension Using an Annuity By Michael Clementi | April 19, 2021 Annuities, Money Script Monday Share this post Share Tweet Share with a client Share with a colleague One of the biggest impacts of recent market events on retirees in America has been a shift from wealth accumulation to wealth preservation. Enjoying a steady income stream without worrying about the next stock market crash has its advantages. Annuities offer retirees the chance to obtain tax-deferred growth and guaranteed income in retirement, similar to a pension. While everyone’s financial situation is unique, annuities are a great fit for people who no longer have the "risk tolerance" to afford the ups and downs of the market and are ideal for retirees or pre-retirees looking to move money out of risk money places, such as stocks. In this episode of Money Script Monday, Michael shows you how you can incorporate an annuity into your financial plan as a wealth preservation vehicle to create guaranteed retirement income that will last your lifetime. Resources Provided for This Episode Video Transcription Whiteboard Image Want consumer-friendly videos sent to your inbox every week? Sign up to receive to receive LifePro's weekly Money Script Monday video series providing financial clarity, dispelling myths, and showing you how money works in 10 minutes (or less). Subscribe now! Have any questions? Give us a call at 888-LIFEPRO or email us at firstname.lastname@example.org. Want to learn more about how we can help with your unique financial situation? Fill in your contact information below, and we'll get started right away! About Michael ClementiMichael Clementi is a Field Support Representative at LifePro. He coaches hundreds of financial professionals on how to build effective financial strategies that achieve their clients' long term goals and helps them stay educated on the latest industry trends.