The financial world is shifting beneath our feet. As market volatility returns with alarming regularity, traditional retirement planning approaches built solely on stocks and bonds are revealing critical vulnerabilities. This eye-opening conversation with Curtis Cloak—pioneer of the Deferred Income Annuity and architect behind Tom Hegna's 13-annuity retirement strategy—challenges everything you thought you knew about securing your financial future.

Curtis shares his remarkable journey from farm kid to financial innovator, revealing how a workplace injury at 21 and wise financial decisions set him on a path to revolutionize retirement planning. His discovery in 1999 of what would become the Deferred Income Annuity created a more efficient alternative to traditional bond laddering for generating retirement income—a breakthrough so significant that it changed how forward-thinking advisors approach retirement security.

The most powerful revelation? The inefficiency of the conventional 4% withdrawal rule that requires $1 million to generate just $40,000 of annual income. Curtis demonstrates how the right annuity strategies can deliver the same income with just $400,000, freeing the remaining capital for growth investments—what he calls "buy income, chase alpha." This approach not only provides greater retirement security but also gives retirees permission to enjoy their money without constant worry.

We dive deep into the 18 distinct risks retirees face—from longevity and inflation to sequence of returns and public policy changes—and why traditional investment portfolios alone cannot adequately address them all. Curtis shares his two unbreakable principles: securing 80% of needed income through guaranteed sources and keeping market-based withdrawal rates below 3%. Follow these rules, and retirement failure becomes virtually impossible.

Whether you're already retired, approaching retirement, or a financial professional seeking to better serve your clients, this conversation will transform how you think about retirement security. Don't miss Curtis's closing wisdom on finding authentic financial guidance from practitioners who understand the efficient collision point between the investment and insurance worlds—advice that could make all the difference in your financial future.

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To learn more about Brad Pistole and the Ozark Retirement Group, please visit www.ozarksretirement.com