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Turn Your 401-K Plan Into A “Pension” With Guaranteed Lifetime Income

Written By: Nina Avery, CFP® | Avery Safe Money Solutions

Someone once told me the traditional pension had gone the way of the dodo.  I found the reference odd at the time and I find it odd that I can still hear those words so clearly all these years later.

Why are traditional pensions practically extinct?

Traditional pensions are expensive and a huge liability to a company.  Administration and management are hard costs that cannot be negotiated and risk is ever present.  There are just too many unknowns:  Investment risk, longevity risk, inflation risk, time value of money calculations and lost opportunity costs must also be factored into running a successful pension, not to mention the fact that a pension is a big negative on a balance sheet.  No wonder so many companies jumped at the opportunity to legally unload that burden.

What does that mean to you?

Congratulations!  You are now a pension manager.  The responsibility for retirement income is now completely yours and you have to assume the administration costs, investment management decisions and risks that come with creating a guaranteed lifetime retirement income aka a pension.

You can create a pension with your current 401-k or other retirement account if you are willing to unlearn everything you may have heard about what you are “supposed” to do with your retirement account investments and savings.

Start here:

  • Is your current 401-k or other qualified retirement plan guaranteeing you an income you can never outlive?  If no, why not?
  • Is your current 401-k or other qualified retirement plan guaranteed to increase in value every year?  If no, why not?
  • Is your current 401-k or other qualified retirement plan principal protected and guaranteed not to lose value?  If no, why not?

There are dozens of online tools and even advisors that will “predict” what your current 401-k or other qualified retirement plan “might” do.  But these are very big maybes in my mind and come with too many unknowns.

You have a choice.  “If you choose not to decide, you still have made a choice.” Geddy Lee

Are you sure you wouldn’t rather have a guarantee?  What is your recourse if your advisor or online estimators are incorrect and have not factored in the correction(s) or crash(s) that may very well happen between now and the time you need your money?  How are you going to support your lifestyle after you stop earning?  Are you saving for a maybe?  Or for an income you can count on?

What does retirement look like to you?  Do you want to spend it worrying about money or enjoying yourself traveling, seeing the grandkids, living?

Whether you are the business owner or the employee/plan participant you can turn your current 401-k or other qualified retirement plan into a pension with an indexed annuity and make sure your hard earned retirement savings will be there when you need it.

Will your current 401-k or other qualified retirement plan go the distance?  Mine will.

For more information and to find out how to guarantee your retirement savings will be there when you need it most call 407-367-8845 or email for a free consultation and evaluation with a Qualified Safe Money Advisor and Guaranteed Retirement Income Expert.

About Nina K Avery, CFP ® and Avery Safe Money Solutions:

Restoring confidence with Safe Money Solutions to help everyone create secure retirement incomes they can count on for the rest of their lives. Nina K Avery, Certified Financial Planner ™ professional, is gaining recognition in and around central Florida for being a Qualified Safe Money Advisor, Financial Literacy Coach & Guaranteed Retirement Income Expert.  With all of the economic turmoil in the markets, the country and around the world, it’s more important than ever to understand how to keep your wealth safe and secure…but also growing.

Nina’s mission is first to educate and restore confidence. Using Safe Money Solutions, she then helps her clients create GUARANTEED retirement incomes for life.  She also helps her clients avoid losing money and instead build wealth SAFELY and SECURELY.  Regardless of your current financial situation, Nina can help you get on the Path to Safe Money and sleep well at night.

Annuity123 is an educational platform only.  Annuity123 does not offer insurance, investment, or tax advice.  You should always seek the guidance of qualified and licensed professionals concerning insurance, investment, or tax matters.


  • Great article. So true! I can't live with the responsibility of managing my employees financial future in such uncertain times. It's tough enough to know what the correct thing to do is for my family much less having the burden of the financial stability of my staff and their families. This had taken the gut wrenching feeling away from staff retirement management. It gives me great peace of mind that our staff knows exactly what to expect when they are ready to start withdrawing. How much will be available and how easy it is to do. Not to mention that they can call Nina directly and I don't need to know about each circumstance of each employee. Nina totally takes care of analyzing and advising my employee for me and giving them the end result that they are looking for. I don't have to pick a single program and hope everyone likes it or say "take this one or leave it". She understands that each employee is a person with different goals. Thank you Nina! I'll practice my expertise in my business and let YOU practice your expertise…Guararnteed lifetime income.

  • Nina K Avery says:

    Thanks for such a fantastic recommendation Cathy! Blessings and best wishes – Nina

  • Nailed it. Nice post Nina. Plus you worked in a Rush reference with the Geddy Lee quote. Top notch.

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