About Jerry
Jerry has been involved with annuities since an initial assignment as a young actuary to price an immediate annuity. He was impressed with the ability to match assets and liabilities, which benefitted both the purchaser and the insurer. He recognized the risk that insurers were taking because of the potential increase in lifespans, and the risk pooling purchasers were benefitting from when buying an annuity. He watched the business become more competitive as additional companies created products, along with the movement to "new money" pricing, and more frequent pricing changes. He was responsible for some of the innovation and holds two patents regarding these types of annuities.
Jerry was president of the Income Management Strategies Division of MassMutual, where he developed the patented Retirement Management Account, described by Cerulli Associates (recognized experts in researching worldwide asset management and distribution trends) as the "quintessential managed account platform for retirement income."
As an executive vice president of AXA Equitable, he led development, management and marketing of the Accumulator Variable Annuity, which reached $15 billion in annual worldwide sales. With this innovation and others, Jerry has been called "the father of modern variable annuities".
Jerry founded Golden Retirement, LLC and organized its two subsidiaries (GRA and 2IAG) to deliver a plan for retirement income with more income and less risk by integrating annuity payments into Income Allocation planning. By combining both online planning with support from Advisor-Counselors GR can deliver and manage these plans at lower cost than traditional plans. Further, GR can reduce the retirement tax rate by recognizing the tax benefits of income annuities in its planning.
Jerry has appeared on CNN, Fox News, and Bloomberg Radio, and he and his research have been featured in many leading financial publications, including Kiplinger's Retirement Report, Financial Planning, Investment News and others, as well as numerous consumer-oriented publications and daily newspapers. His proposal for Social Security reform appeared in Bloomberg News online.
Over thirty of his blogs have been published on Kiplinger.com.
Jerry Golden's Recent Articles
Why So Many Experts Consider Annuities a Win for Retirees
Rising interest rates, pressure on Social Security, unpredictable markets and longevity risks are making annuities ever more attractive as a part of retirement planning. Do you know what type of retirement product saw sales soar 44% in 2022 — and received praise and positive publicity in the finance field as consumers saw their other retirement […]
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New Legislation – A Boost for Your Retirement Income Plan
Get the retirement you want by securing the income you need Let’s start the New Year with breaking news: Just-enacted legislation called SECURE 2.0 Act of 2022 contains provisions that make it much easier to purchase pension-like income in your Plan for Retirement Income (Plan). The new legislation allows you to defer more taxes and […]
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How Much More Retirement Income? Not as Simple as it Sounds
A savvy consultant recently asked me how much more income a Go2Income plan, with its integration of annuity payments and focus on income allocation, could produce as compared to a traditional retirement income plan. Might it be 20% or more? He recalled my discussion about rules of thumb in Retirement Planning: One Size Doesn’t Fit […]
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One Size Doesn’t Fit All — Especially in Planning Your Retirement
For the most important financial decision of your life, you need a plan that’s tailored especially for you, rather than simply following rules of thumb. Planning for retirement is not easy. The key to planning is to reduce the probabilistic aspects of your retirement and to effectively manage the other risks. Importantly, that process is […]
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Investing for Retirement Income is Different – Rethink 60/40 Rule
A lot of retirement guidance I have read lately continues to treat baby boomers the same as the rest of the investor public. Even after the first six months of 2022, when the traditional 60/40 stock/bond portfolio sank more than 20%. I may not dispute the traditional approach for investors who are 25, 35 or […]
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Inflation, Market Losses Impacted Your Income Plan?
How the right plan now can get you back on track and reduce the risk going forward You know what they say about the best laid plans going awry. Well, with what has been going on in the financial world this year, that’s what has happened to countless retirement plans. For instance, let’s look at […]
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For Sustainable Retirement Income, You Need These 5 Building Blocks
Combining elements that you understand is the smartest way to create a secure retirement. Sometimes we have all the elements for a great retirement, but until we put them together the right way, we don’t get the result we want. I call it the H2O problem. We have plenty of oxygen in the atmosphere. Likewise, […]
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Don’t Move to Another State Just to Reduce Your Taxes
If you’re retired or near retirement, maybe a smarter plan for retirement income will allow you to stay put. Yes, your state income tax rate may be higher, but your spendable income will be, too. We know lots of friends who are considering moving from a high-tax state, such as New York, to a state with […]
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Choppy Market Impacting Your Retirement Income Plan?
Find calmer seas with a retirement plan that includes safe income and eliminates the sour stomach that comes with market corrections. In response to the wild market swings caused by inflation and Russia’s attack on Ukraine, most investment advisers are publishing articles about staying the course during volatile times. I’ve found one problem with these […]
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Fed is Raising Interest Rates. How do Retirees Benefit?
Some sectors of the population may feel the pain of interest rate hikes, while current retirees, and those near retirement, could actually benefit. Potential homebuyers frowned at the Fed’s mid-March quarter-point rate hike because they can expect mortgage rates to continue to climb steadily, as they have since January. Freddie Mac’s weekly research bulletin shows […]
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