The (R)evolution of Retirement Income Planning

With AI on the horizon to enable the optimization of retirement income plan choices, the retirement fortunes of retirees are about to improve.

An older man looks at an AI chatbot.
(Image credit: Getty Images)

Once, there were only your stock and bond portfolios, mutual funds or ETFs as options for your retirement savings. You and your adviser managed retirement risk through asset allocation and pretty much ignored which accounts you were invested in and how much in taxes you paid.

When it came to post-retirement, your adviser used “de-accumulation” software that did Monte Carlo simulations of market performance, as I described in my article Don’t Bet Your Retirement on Monte Carlo Models. The model gave you a probability that your retirement savings would last to a specific age.

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Jerry Golden, Investment Adviser Representative
President, Golden Retirement Advisors Inc.

Jerry Golden is the founder and CEO of Golden Retirement Advisors Inc. He specializes in helping consumers create retirement plans that provide income that cannot be outlived. Find out more at, where consumers can explore all types of income annuity options, anonymously and at no cost.