Retirement Income Planning That Keeps Paying — No Matter How Long You Live

Income you can't outlive, principal you can't lose, and a bilingual team that explains every detail in plain language.

Schedule a Free Retirement Consultation

For many families approaching retirement, Social Security is the foundation — but it was never meant to be the whole house. If you're between 55 and 68 and wondering how to turn your savings into something that keeps paying month after month, insurance-based retirement planning may be exactly what's missing from your plan. At JEMS of Insurance Group, we've helped hundreds of Chicagoland families build predictable retirement income using fixed indexed annuities and hospital indemnity insurance — two products that work together to cover income gaps and unexpected medical costs.


Our consultations are free, our compensation comes from carriers, and every conversation is available in English or Spanish.

Two Products. One Goal: Income That Doesn't Run Out.

Retirement planning insurance in Illinois doesn't have to mean complex portfolios or market exposure. JEMS works with two core products that are specifically designed for clients who need income certainty — not speculation.

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Fixed Indexed Annuities

A fixed indexed annuity converts a lump sum — savings, a 401(k) rollover, or an inheritance — into a guaranteed monthly income stream you cannot outlive. Growth potential is tied to a market index, but your principal is contractually protected from loss. When the market goes up, you can share in the gains. When it goes down, your floor is zero. Your deposit stays intact.


This is insurance-based retirement planning, not investing — and that distinction matters for clients who have watched others lose savings in market downturns.

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Hospital Indemnity Insurance

A hospital stay can cost thousands of dollars even with Medicare coverage. Hospital indemnity insurance pays a direct cash benefit to you — not to a provider — when you're admitted to the hospital. You decide how to use it: cover a deductible, pay for transportation, or replace income lost while you recover. It's supplemental coverage that fills the gaps Medicare leaves behind.


Many JEMS clients enroll in both products at the same time, because income protection and medical cost protection solve two sides of the same problem.

Why Clients in the Chicagoland Area Choose JEMS for Retirement Planning

  • Licensed since 2011, with more than 15 years of experience helping Chicagoland families build retirement income strategies
  • Integrity Partner since June 2024 — one of the largest FMOs in the country, giving us access to a wide range of carriers and annuity products
  • 90%+ of our clients are served in Spanish, with bilingual agents and bilingual support staff
  • No fees to you — our compensation comes from the carrier, never from your pocket
  • In-person consultations available by appointment in North Riverside, with service across Cicero, Berwyn, Aurora, Elgin, Waukegan, and Chicago's South Side
  • 21 agents under one roof, grown through referrals — not a call center, not a franchise
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This Is Our Specialty — and It Costs You Nothing to Ask

Many people don't know who to call when they start thinking about retirement income. A financial advisor? A bank? An insurance agent? For annuities and supplemental retirement coverage, you want someone who is specifically licensed to recommend these products — and that's exactly what JEMS agents are trained and licensed to do in Illinois. There's no fee for the consultation, no pressure to enroll, and no conflict of interest. We get paid by the carrier when you choose a plan that fits your needs. If it doesn't fit, we'll tell you that too.

Common Questions About Retirement Income Planning in Illinois

  • What is the difference between an annuity and a savings account?

    A savings account holds your money and earns a small amount of interest — but it doesn't guarantee income for life. A fixed indexed annuity is a contract with an insurance company that converts your savings into a monthly income stream that continues for as long as you live, no matter how long that is. It's designed specifically to solve the problem a savings account can't: the risk of outliving your money.

  • Can I lose my principal with a fixed indexed annuity?

    No. With a fixed indexed annuity, your principal is contractually protected from market losses. Growth is linked to the performance of a market index, but the contract sets a floor of zero — meaning if the index performs negatively, you don't lose what you put in. Your initial deposit is guaranteed by the terms of the contract.

  • What is hospital indemnity insurance and why would I need it?

    Hospital indemnity insurance pays you a cash benefit when you're admitted to the hospital. Unlike Medicare, which pays your providers directly, this benefit goes directly to you. Most Medicare recipients are surprised by the out-of-pocket costs that remain after Medicare pays — deductibles, copays, and incidental expenses. Hospital indemnity coverage helps cover those gaps without restrictions on how the money is used.

  • How do I create retirement income with annuities in Illinois?

    The process starts with a free consultation where we review your current income sources — Social Security, savings, any pension — and identify the gap between what you have and what you need each month. We then model how a fixed indexed annuity could convert a portion of your savings into a guaranteed monthly amount to fill that gap. There are no fees for this analysis, and you're under no obligation to enroll.

  • Is insurance-based retirement planning right for me if I already have Medicare?

    Medicare covers healthcare costs — it doesn't address income. Many JEMS clients who already have Medicare coverage come to us separately for retirement income planning because the two concerns are distinct. If you're relying on Social Security plus savings and want to make sure that income doesn't run out, an annuity consultation is worth having regardless of your Medicare status.


    JEMS of Insurance Group has served the Chicagoland Hispanic community since 2011, helping families in North Riverside, Cicero, Berwyn, and across the region build retirement income strategies that hold up over time. Our agents are licensed in Illinois for insurance-based retirement products, bilingual in English and Spanish, and supported by a dedicated client services team that stays with you after enrollment. Learn more about who we are on our About page.

Ready to Turn Your Savings Into Guaranteed Monthly Income?

A free retirement planning consultation with a JEMS agent takes about an hour and costs you nothing. We'll review your current income, explain your options in plain language, and help you decide whether an annuity or supplemental coverage makes sense for your situation.