• Revenue Cycle Management
  • COVID-19
  • Reimbursement
  • Diabetes Awareness Month
  • Risk Management
  • Patient Retention
  • Staffing
  • Medical Economics® 100th Anniversary
  • Coding and documentation
  • Business of Endocrinology
  • Telehealth
  • Physicians Financial News
  • Cybersecurity
  • Cardiovascular Clinical Consult
  • Locum Tenens, brought to you by LocumLife®
  • Weight Management
  • Business of Women's Health
  • Practice Efficiency
  • Finance and Wealth
  • EHRs
  • Remote Patient Monitoring
  • Sponsored Webinars
  • Medical Technology
  • Billing and collections
  • Acute Pain Management
  • Exclusive Content
  • Value-based Care
  • Business of Pediatrics
  • Concierge Medicine 2.0 by Castle Connolly Private Health Partners
  • Practice Growth
  • Concierge Medicine
  • Business of Cardiology
  • Implementing the Topcon Ocular Telehealth Platform
  • Malpractice
  • Influenza
  • Sexual Health
  • Chronic Conditions
  • Technology
  • Legal and Policy
  • Money
  • Opinion
  • Vaccines
  • Practice Management
  • Patient Relations
  • Careers

Accumulation vs. Guaranteed Income


It seems that most advice is about accumulating the most amount of wealth possible for retirement. But is that the best model?

It seems that most advice is about accumulating the most amount of wealth possible for retirement. But is that a good model? Is that the right model? Is that the best model?

I don’t believe an accumulation model is the “best model” for most Americans. Americans should not be risking all of their money on a “proper mix of stocks, mutual funds, and bonds.”

What your investments don’t return as much as planned?

And then the other big question is: What do you do when you get to retirement? How do you turn an accumulated amount of money into retirement income? Do you move you money to fixed-return products? If so, then what’s the rate of return going to be on those products in five, 10, 20-plus years?

Of course, the answer is: We have no idea

Actually, all the answers with an accumulation model are that we have no guarantees. Financial planners have investment models that “should” return X, but there is no guarantee. And, again, what are you going to do in the income phase? Assume a rate of return and hope you don’t run out of money when spending principal to generate the needed retirement income?

I don’t like the “what ifs” and I think the accumulation model for most American is not what’s best for most clients

Client example

I created a nine-page summary with an example client’s data explaining why readers should consider using a guaranteed income model to secure their retirement versus an accumulation model. I think readers will really find the summary helpful when trying to fully understand if an accumulation model or guaranteed income model is the best course to follow.

Download the example


Roccy DeFrancesco, JD, is author of

, and founder of The Wealth Preservation Institute. The

has recently been approved for up to 21 AMA PRA Category 1 CME Credits™ in a self-study format. If you would like to purchase the book at a 33% discount as benefit for being a reader of

so you can earn CME credits in the comfort of your home, or if you have any questions about this article, email


The Doctor's Wealth Preservation GuideDWPGPhysician’s Money

Related Videos
Victor J. Dzau, MD, gives expert advice
Victor J. Dzau, MD, gives expert advice