I’ll Make My Own Pension

Financial PlanningInsurance Planning
Written By Jay Kadlec

How Annuities Combine Pension-Like Income with Investment Growth

Annuities can bridge the gap between predictable retirement paychecks and investment upside. Here’s how:

The Pension-Like Side

✅ Guaranteed Income

  • Fixed indexed or non-indexed annuities pay set monthly amounts for life (like a pension)

  • Income riders on annuities lock in minimum withdrawals that you can’t outlive

The Investment-Like Side

✅ Growth Potential

  • Variable annuities invest in mutual-fund-like subaccounts

  • Indexed annuities earn returns tied to market indexes (with downside protection)

Key Tradeoffs

Lifetime Income
+ Never outlive your money
- Lower inheritance value

Market Links
+ Upside without full risk
- Caps on gains

Fees
+ Protection costs (0.5-1.5%/yr)
- Contracts can be complex (consult with your Chalk Money Financial Planner)

Who It’s For

  • Retirees wanting stable income + growth potential

  • Investors who’ve maxed out 401(k)/IRA options

  • Those nervous about market crashes

*Tip: Annuities can also serve as an excellent alternative or complement to bonds.

Advisory Services are offered through Chalk Money, LLC, a DBA of Forefront Advisor Network. The foregoing content reflects the opinions of Jay Kadlec and is subject to change at any time without notice. Content provided herein is for informational purposes only and should not be used or construed as investment advice or a recommendation regarding the purchase or sale of any security. There is no guarantee that the statements, opinions, or forecasts provided herein will prove to be correct. All information or ideas provided should be discussed in detail with an advisor, accountant, or legal counsel before implementation. Securities investing involves risk, including the potential for loss of principal. There is no assurance that any investment plan or strategy will be successful.

Jay Kadlec

Hi, I’m Jay Kadlec, the owner of Chalk Money, LLC. I work with you to find the critical financial risks that proper financial, estate, and insurance planning could avoid, lessen, or at least bring you awareness of what could substantially impact your life. My philosophy is straightforward: put the client’s needs first, deliver exceptional experiences, and provide tailored solutions that truly fit.

First and foremost, I am a teacher. I use real-talk, plain-speak rather than industry jargon so that you have a plan you can understand. Your story and where you’re trying to go matter most to me.

Your goals change over time, so I “plan in chalk.” I adapt and fight for your ideal outcome, ensuring that you come first (aka being your fiduciary). I’ve served in this capacity since 2018 and will continue until at least 2055. I will likely be there for you, your children, and your grandchildren—with Americans living longer, I may even be a resource to your great-grandchildren!

My background has given me valuable experience in understanding how various financial tools can work together. I believe in creating non-cookie-cutter strategies that are efficient and designed to stand the test of time. Clients trust me for my transparency, professional integrity, and personalized approach. I am an Investment Advisor Representative (CRD# 7047900), licensed insurance producer (NPN# 18005247) for Accident, Health, Life, and Long-Term Care Insurance, Mortgage Loan Officer (NMLS# 2343444), and serve as a Tennessee Notary.

When I’m not working, I enjoy spending time in the mountains of Knoxville, Tennessee, with my family, playing board games or pickleball with friends, or brainstorming new ways to make my services even more impactful for my clients.

I also aim to inject some fun along the way…so be warned, some puns may make you cringe.

Let’s connect! Feel free to reach out or learn more about my work at www.chalkmoney.com.

Advisory Services are offered through Chalk Money, LLC, a DBA of Forefront Advisor Network.

https://www.jaykadlec.com
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