Conversations with Serious Savers: Part 7

When it comes to planning retirement, you're taking aim at a moving target. There's longevity risk, the decline of pension plans and the uncertain future of Social Security. And the job just got tougher, as the current economic crisis is rewriting the financial playbook. According to a recent survey by AARP, if the economy does not improve, over 6 in 10 workers aged 45 and older say they will likely delay retirement and work longer. And nearly 6 in 10 think they are not saving enough. That's where a tax-deferral can help. Below is the first of several conversations we've had with investors and advisors about the benefits of saving more with low-cost no-load variable annuities. Stay tuned over the next several weeks as I post their valuable insight.

Marvin Gish, Retirement Planning Consultant and Retired Engineer:

Jeff Nat really has the best of both worlds. It has the absolute lowest fee--plus all the funds I could want. I've been using VAs for years. I maxed out my 401(k) and my IRA, and I could have gone into a taxable account, but the benefits of tax-deferral were much more important to me.

The ability to build more wealth for the long term is very important to me. And the savings with tax-deferral is so powerful when you can use something like a Flat-Insurance Fee VA. If you are suddenly paying one-tenth of the cost--and it never goes up--that's a substantial amount that you can re-invest into your account instead of paying to some insurance company for fees. The savings really add up.

Variable Annuities involve risk, including the possible loss principal.

An investor should carefully consider the investment objectives, risks, charges and expenses of the investment before investing or sending money. For a prospectus containing this and additional information, please contact your financial professional. Read it carefully before investing.

Monument Advisor is a variable annuity designed as a long-term investment vehicle that can accumulate investment earnings tax-deferred. Variable Annuities are not suitable for everyone. Investments are subject to risk, including possible loss of principle. A $20 insurance charge is deducted each month and does not increase with contract value; there are no asset-based mortality and expense or administrative charges and no surrender charge. There are other charges that you might pay from your contract value, but only if you elect certain contract and investment options. Withdrawals are subject to ordinary income tax, and if taken before age 59 ½, a 10 percent federal income tax penalty may apply.

Monument Advisor is issued by Jefferson National Life Insurance Company (Dallas, TX) and distributed by Jefferson National Securities Corporation, FINRA member. Policy series JNL-2300-1, JNL-2300-2.