Why Every Retiree Needs Their Own Personal Pension Plan
(don’t forget to checkout the video of this blog too)
There was a time — not that long ago — when retirement came with a promise: a pension that paid you every month, for life.
Your grandparents probably had one.
Your parents might have had one too.
But you?
You’ll likely retire with a 401(k), an IRA, and maybe a brokerage account… none of which offer the one thing retirees need most:
Guaranteed, predictable income.
And that’s a problem.
The Retirement Crisis No One Talks About
We’re in the middle of a retirement transition.
Employer pensions have all but disappeared.
The responsibility to generate a lifelong paycheck has shifted from companies… to you.
And while accumulating savings in a 401(k) is important, converting that pile of money into a sustainable income stream is where things get tricky.
Because unless you’ve built a plan that can generate predictable income, you’re gambling your lifestyle on the market.
That’s where the Personal Pension Plan comes in.
What Is a Personal Pension Plan?
A personal pension plan is a strategy that allows you to recreate the reliability of an old-school pension (without all the drawbacks) — with your own retirement savings.
And no, it’s not magic.
It’s built using one of the most overlooked tools in retirement planning: an annuity designed for lifetime income.
Here’s what a personal pension can do for you:
✅ Create guaranteed income for life — just like a traditional pension
✅ Protect you from outliving your money
✅ Eliminate one of the most dangerous retirement risks: sequence of return risk
Why Sequence of Return Risk Is So Dangerous
Sequence of return risk is the risk that the market drops early in your retirement — right when you start drawing income.
Even if the market recovers later, the damage from those early losses while you’re withdrawing can be permanent.
It’s one of the most underestimated threats to retirement security.
But if part of your income is guaranteed through a personal pension plan, you won’t be forced to sell stocks in a down market just to pay the bills.
You’ll have a stable, reliable paycheck that shows up every month — no matter what the market is doing.
The Freedom That Comes With Income Certainty
When your basic lifestyle is covered by guaranteed income:
→ You worry less about day-to-day market fluctuations
→ You avoid panic-selling during downturns
→ You give the rest of your portfolio more time to grow
In short, you become a smarter, more confident investor.
That’s why more retirees today are shifting a portion of their nest egg into guaranteed income.
They’re saying:
“I’m not going to leave my retirement up to the market.”
Instead, they’re building their own pension — and reclaiming the peace-of-mind that defined retirement for past generations.
Don’t Gamble the Next 30 Years
You’ve spent your entire life working, saving, and sacrificing to build your retirement savings.
Now is not the time to hope it all works out.
It’s time to design a plan that gives you safety, income, and the freedom to enjoy the retirement you’ve earned.
A personal pension plan can help you do just that.
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Enjoy this blog? You’ll probably enjoy this one as well: 3 Reasons Delaying Social Security Can Be One of the Best Tax Strategies in Retirement
P.S. Make sure you checkout my new one-page Long-term Care guide.
To your success,
Matt
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