Case Study #2: Creating Guaranteed Lifetime Income for a Baby Boomer Retiree

The client's Situation

A 52-year-old retired law enforcement officer with a $989,000 pension (457 plan). He wanted a steady income for life, without market risk, so he could start a private investigation practice for passion – not necessity.

The Challenge

  • Unsure if his seven-figure pension would last his lifetime (30–35 years of potential longevity).

  • Didn’t want to risk losing money in the stock market.

  • Needed a specific, reliable monthly income number.

  • Wanted flexibility in case his plans changed.

  • Had been approached by multiple agents pushing market-based investments, but none actually addressed his desire for guaranteed lifetime income.

We ran the numbers: if he lived 16+ years, the pension alone might run out. With this strategy, he could receive income for life without betting on the market or economy.

The Strategy

I found a contract that:

  • Paid slightly more than the monthly income he wanted.

  • Allowed up to 30% access to funds in the first year for emergencies — something rare at the time.

  • Added a life insurance layer to replace his pension for his wife, ensuring she’d receive $1 million tax-free if he passed unexpectedly.

The Outcome

  • He received the guaranteed monthly income he needed (and a little more).

  • He had flexibility with built-in access to funds.

  • His wife gained $1 million in tax-free protection, with part of it earmarked for their church.

  • Most importantly, he gained peace of mind — knowing his retirement income was protected no matter how long he lived or how the markets performed.

👉 This is what I mean when I say: I don’t just sell policies — I build strategies that create real results.