Building a paycheck that never runs dry
Set up your own retirement paycheck, so living a long life is good news rather than a worry.
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Longevity risk
You live longer than planned and the money runs out first
Market risk
A downturn at the wrong moment shrinks the balance sharply
Interest rate risk
Low rates mean interest income falls short of living costs
When all three overlap, having money in the account does not remove the question "when does this run out?"
Social Security is projected to pay only 78% once the trust fund is depleted in 2032.
Fidelity, 2026Which is why I suggest building that lifetime paycheck with a little room to spare.
Market independent
The payment holds even in a downturn.
Paid for life
The longer you live, the better it works.
Zero stress
Your own paycheck, arriving automatically.
An illustration for one specific product, $500,000 purchased at 57 with income beginning at 65 after eight years of deferral. Actual payouts vary by purchase date, age and product, and are not guaranteed.
- 1 Purchase A lump sum sets your Income Base, the figure payments are calculated from.
- 2 Defer The longer you wait before starting, the more the Income Base grows.
- 3 Begin At the start date the lifetime payment is fixed, and stays the same for life.
Deferring longer grows the Income Base, and the payout rate rises with age too. So the earlier you buy and the later you start, the larger the monthly amount.
