Annuity123 is dedicated to providing Americans with unbiased information about retirement, answering the tough questions you want to know.

With hundreds of articles on every retirement planning topic you can think of, peace of mind is just a click away.

What If?

Richard Ericson

There are many risks we deal with every single day of our lives. Some risks can be insured; others are uninsurable; and yet others are self-insured, meaning we carry the burden of risk upon ourselves. Risk management is the practice of appraising and controlling risk. Risk can, and should be, profitable for you now, as well as in the future.

Are you ready for these risks?

What if you become sick, disabled or pass away? What if your spouse dies? What if your car gets hailed on or your house gets struck by lightning? What if the market corrects? What happens if your business and cash flow is interrupted or your parts supplier can’t supply parts? What if you have a big tax liability? What if you are the victim of identity theft or you get cyber attacked? What if your reputation is damaged? What if you outlive your retirement nest-egg? What if???

Insurance is the equitable transfer of the risk of a loss from one entity to another in exchange for payment. It’s a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss, and, it is available for every one of the scenarios listed above.

An insurance transaction involves you, the “Insured,” assuming a guaranteed and relatively small loss in the form of payment to the “Insurer” in exchange for the Insurer’s promise to compensate and indemnify you, the Insured, in the case of an insured personal financial loss. You, the Insured, receive a contract, called the “Insurance Policy,” which details the conditions and circumstances under which the Insured will be financially compensated.

Insurance contracts, as well as types of risk, change constantly. Annuity contracts are Insurance Policies, many of which have significantly changed over the past several years. They must be beneficial to you, the Insured, as well as the “Insurance Company.” The best annuity contract for you is one that helps reduce your risk and remains favorable for you throughout the life of the contract. My job is to find you the best contract for your situation and, because every situation is one of a kind, I need to know exactly what risks you face in your life. Call me at 303.749.5853 or email

And, remember, if you are a business owner, there are additional innovative wealth building tools available for you.

About the Author:

Richard Ericson was born and raised in Salt Lake City, played quarterback for Weber State University and coached football at the Division One level for 10 years at Weber State and Utah State Universities as offensive coordinator. He now coaches individuals on how to invest safely in their retirement plans. He has had his own radio program and was featured in Fox Business News emphasizing risk-free investments. Rich’s expertise is working with business owners utilizing advanced tax strategies to reduce risk and build tax-favored and tax-free wealth. Rich received his Bachelor’s Degree in Communications and his Master’s Degree in Education from Weber State University. He is currently licensed to sell Property & Casualty, Life and Health insurance, as well as annuities. With his expertise in analyzing risk, Rich is well qualified to help individuals evaluate their opportunities to reduce tax, legal, and market risk.

Richard strongly believes that money which grows consistently and without risk is the safest investment for his clients’ retirement income. “Playing the ‘Wall Street Game’ with your sacred money is a sure way to run out of money when you need it the most,” warns Rich. He further states, “If you want to play the stock market game with 30-40% of your wealth, that’s fine, as long as you have enough money in safe, guaranteed investments to meet your retirement goals.”

He can be reached at (303) 749-5853 or


Annuity123 does not offer insurance, investment, or tax advice.  You should always seek the guidance of qualified and licensed professionals concerning your personal insurance, investment, or tax matters.  Annuity123 is simply a platform allowing retirement planning professionals to help educate the community on various retirement planning topics.  Annuity123 does not directly support or take responsibility for ensuring the accuracy of the content displayed in the articles themselves or any feedback that may get added in the Comments section from the community.

Leave a Reply

Your email address will not be published. Required fields are marked *