South Florida Retirement Income Planner Urges Baby Boomers to Consider Private Pensions

Feb 26, 2013, 10:00 ET from Heritage Retirement Income Planners

WESTON, Fla., Feb. 26, 2013 /PRNewswire/ -- Alan Schuh, President of Heritage Retirement Income Planners, released his newest website,, to address concerns many baby boomers face when it comes to their retirement.

Schuh created this website as a way to identify key questions that boomers want answers to when it comes to setting up private pensions. There are many pre-retirees who wish they had a pension where they can receive consistent retirement income, but few realize they can build their own private pension. And those who have company pensions are taking on unique challenges, and many don't know about the other options available.

"I'm seeing a lot of folks these days that are leaving their jobs, sometimes unexpectedly, and they are not sure if they should take a lump sum buyout or pension payments.  Employers do not provide retirement planning advice," Schuh said.

By introducing the idea of retirees taking a lump sum and creating their own private pension, Schuh shares his knowledge on how to create the guaranteed lifetime income stream pensions offer without the negative effects.

Schuh answers many important questions baby boomers have when deciding to take a pension pay out or a lump sum. He urges his clients to find out more information about using private pensions as a viable solution by providing answers to the following questions:

  1. How much will I receive as a pension buyout or lump sum payout?
  2. Can I invest it in a retirement product that is similar to the pension offer?
  3. How will setting up a private pension benefit my family?
  4. Who can I trust?

Schuh says it is always important to consult a professional who specializes in retirement income planning before making a decision regarding your hard-earned assets.

"Only a professional who deals with a variety of scenarios on a daily basis can truly provide a customized solution for each individual.  This comes from years of experience and the desire to get to know their client and their long term goals," said Schuh.

Alan Schuh, President of Heritage Retirement Income Planners, is a safe money advisor who works independently, representing all of the top insurance companies in Florida. He is able to narrow down choices that make the most sense for each client's unique goals and objectives. Alan can be contacted at (954) 840-7824 and by email at

SOURCE Heritage Retirement Income Planners