Economic policy

Former White House economic policy director talks about the power of insurance-backed bonds

Insurance-backed bonds offer a risk-free way to establish a solid return in retirement despite market volatility.

In retirement, not losing money is essential. Unfortunately, many people take too many risks and are overconfident in their financial situation, not knowing that it takes much longer to recover from losses once they retire. Consumer Retirement Network, an organization committed to helping people retire with confidence, sits down with renowned economist and former White House economic policy director Todd Buchholz to discuss common mistakes that people commit and how insurance-backed bonds offer a solution.

According to Buchholz, people make five major mistakes when they retire: misunderstanding their timeline, not having a contingency plan, poor tax planning, lack of a diversified portfolio and unwillingness to change plans. These mistakes lead to devastating consequences that can derail retirement plans and even affect the lives of loved ones.

To avoid these mistakes and offset the risks, Buchholz says off-market investment options are the way to go. Insurance-backed bonds offer the most attractive benefits.

Insurance-backed bonds have all the benefits of traditional bonds without the risk involved. Insurance companies buy the bonds on behalf of the investor, ensuring that their savings are not exposed to market fluctuations. Investors do not lose money when the market crashes, but they capture gains when it rises.

Insurance-backed bonds offer real investment diversification, without surfing the ups and downs of the market. There is the guarantee that one will not lose the capital, that one will not draw constant liquidity even with the volatility of the market and that one will grow his nest egg tax-free with compound interest. Plus, it allows investors to safely fit into their plan without feeling like they have to restructure the whole thing.

If used responsibly, insurance-backed bonds are potentially the safest and best investments one can make for their retirement. It can provide retirees with the security and peace of mind they need to enjoy their golden years.

About the Consumer Retirement Network

Consumer Retirement Network is an organization of authorities and professionals dedicated to helping individuals retire with confidence, knowing they will never be short of money. He recently published The 7 Big 401k Retirement Mistakes to provide simple and insightful retirement education for free. Learn more here:

About Todd G. Buchholz

Todd G. Buccholz is a renowned economist, keynote speaker, former White House economic policy director under President George HW Bush, and award-winning economics professor at Harvard. He is also the critically acclaimed author of several bestselling books, including New Ideas from Dead Economists (2021), The Price of Prosperity (2016) and Rush: Why We Thrive in the Rat Race (2011).

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