INDIANAPOLIS, Feb. 12, 2013 /PRNewswire/ — Jason Hutchins, President of Guardian Wells Financial, released his newest website www.lockyourretirement.com to answer million dollar retirement questions.

Hutchins launched this website to help those in the retirement planning phase to help lock down their retirement as tight as a drum. Hutchins created this website with the 2008 financial crisis in mind,
acknowledging that if you’re not protecting your savings, you could be losing hard-earned money.

“This site was created in order to further equip pre-retirees and retirees with the no nonsense thought process used in designing durable and zero market volatility retirement income plans. After all, wouldn’t you like a paycheck for life?” said Hutchins.

In order to successfully lock down your retirement, three questions should be answered:

1. How are you safeguarding your retirement dollars?
2. What portion of your nest egg are you willing to lose 100% of?
3. Would you like to learn how to lock your retirement down tight as a drum?

After these questions are answered, Jason Hutchins and Guardian Wells Financial can help lock down a client’s customized retirement plan. Hutchins uses proven steps to help accurately plan each client’s retirement, gathering the proper information and applying it, which allows Guardian Wells Financial to build the client an income for life.

“Using straightforward portfolio analysis, I design income producing retirement funds. My current clients enjoy sum certain planning, not just a hope and a prayer for success,” Hutchins says, adding, “Don’t you deserve a confident retirement?”

Jason Hutchins formed Guardian Wells Financial based on the principal he would treat his clients like family. He designs real – income plans that produce income for life – a stream of predictable money that you can’t outlive - guaranteed. To get started locking your retirement, call Jason Hutchins and Guardian Wells Financial at 888-480-4936 or email Jason directly, at Jasonh@guardianwells.com.

Press release published on 2-12-2013, through 372 media outlets, most notably – YAHOO! FINANCE

The Five Pillars of Safety:

1. Legal reserve system
2. State guaranty funds
3. Reinsurance
4. Holding companies
5. Strict regulatory investment practices

Legal reserve system
The insurance industry has gone to great lengths to assure the safety of annuity investments and to establish consumer confidence. An insurance company must be able to handle the unexpected, hence the institution of the legal reserve system. The reserve system specifies a dollar amount that the insurance companies must keep in reserve, and this solvency ratio can be likened to a client saving cash for a rainy day. How the reserve amount is calculated varies from state to state, and, as with all insurance matters, it involves adequately predicting and balancing risk.  Insurance companies invest these reserve funds in investment grade bonds, US treasury bills, and government backed securities in order to provide these underlying guarantees.  Insurance companies avoid or manage risk – they don’t take risk.  (Please see holding companies for a solvency ratio example).

State guaranty funds
The purpose of state guaranty associations is to provide a mechanism for the prompt payment of covered claims of an insolvent insurer. (To date, no one has ever lost a penny of their principal in a fixed index annuity, nor has anyone in America ever failed to receive the full death benefit on a life insurance claim).  This safeguard exists so that a catastrophic financial loss to certain contract and policyholders may be avoided. These guaranty associations make assessments to obtain the funds to pay claims if an insurer becomes insolvent. Each state has a guaranty fund or association www.inlifega.org that assumes the claim payment responsibilities for insolvent insurance companies.

Reinsurance
The definition of reinsurance is insurance purchased by an insurer.  In many states the Department of Insurance requires insurance companies to reinsure one another before they can offer their products in that state.

From a global perspective, Swiss Re is one of the world’s leading reinsurers and the world’s largest life and health reinsurer. A global expert in managing capital and risk, Swiss Re’s objective is to anticipate, identify, and understand industry developments that shape the future risk landscape.

Basically, reinsurance companies can absorb some of the capital strain associated with writing fixed annuity business, including both statutory reserve strain and target capital strain.

Holding companies
As you may already know, many insurance companies are not domiciled in the United States. Rather, several insurance carriers with North American headquarters located in the United States are part of a larger parent company.  There are numerous examples, but let’s look at two – Allianz Life Insurance Company and Aviva Life and Annuity.

Allianz’s parent company is Allianz SE, which is headquartered in Germany. Allianz SE has more than 75 million customers in about 70 countries, employing 150,000 people worldwide.  Allianz SE has generated more than $64 billion dollars in equity-index annuity sales, and is the 14^th largest corporation in the world and the 3^rdlargest money manager.  Allianz’s solvency ratio is 161% (meaning that for every dollar on deposit, they have $1.61 in reserve – vastly different from the banking industry, where reserves are always less than deposits – hence the need for FDIC).

Aviva plc is the 5^th largest insurance group in the world with $573.8 billion in funds under management, 50 million customers and 54,000 employees worldwide.  Aviva has been delivering on it’s promises for more than 300 years, since 1696.  Over the years Aviva has insured Sir Winston Churchhill, Queen Victoria, and turned down Napoleon Bonaparte.  The rest is history.

These examples simply demonstrate that insurance carriers have parent companies with deep pockets to ensure safety to their consumers’ diverse portfolios.

Strict regulatory investment practices
The basis of the regulatory investment practice is to show how financially stable one company can be with its investments. They base that stability upon their solvency, which is the company’s assets over liability. This allows the company to meet all obligations as a client’s financial payout becomes due. The results are based upon a rating that shows just how stable a company really is, usually based upon AM Best or S&P 500 standards.

An annuity should be defined as a safe and secure compounded growth instrument, guaranteed on a tax-advantaged basis with the ability to capture stock market-like returns without the risk to principal or prior gains.

If you could have purchased an FIA every month, beginning in August 1929, your average annual index annuity return for the Great Depression would have been 6.4%.  All of this during a decade that ended 65% lower than when it began.  *Jack Marrion, President of Advantage Compendium, Ltd as quoted in Senior Market Advisor – July 2009  (www.safemoneyplaces.com)

For additional information and resources regarding money you can’t afford to lose, go to…  www.safemoneyplaces.com

Read the following information from the Indiana Department of Insurance. Indiana Consumer Awareness