Disclaimer: This article is designed for entertainment and general information purposes only. Nothing contained in this article should be construed as legal or financial advice. It is essential you meet with a qualified estate attorney or financial advisor with expertise in ILITs and other estate planning tools before you make a decision. by Brian [...]
For some seniors, a multi-year guaranteed annuity could be the key to unlocking financial stability.-Brian Swerdlow. By Brian Swerdlow In a world where economic uncertainty reigns, many people are looking for safety and stability. For this reason, annuities, especially multi-year guaranteed annuities, have become increasingly popular. What is a MYGA? A type of fixed deferred [...]
One of the more controversial retirement income products, Indexed Universal Life Insurance (IUL) is a financial tool with potential benefits as well as possible pitfalls. IUL is a favorite target of financial pundits who seem to either passionately hate it or think it is a gift of the gods. There doesn’t seem to be a [...]
by Brian Swerdlow Anchor Financial If you're nearing retirement, you may be considering purchasing an annuity to provide more safety and stability to your portfolio. Indeed, an annuity can be a fantastic safe money option that provides a reliable income stream in your retirement years. However, annuities, while they are indeed a powerful tool [...]
by Brian Swerdlow Anchor Financial Retirement planning is a multifaceted endeavor, often riddled with misconceptions and myths. Understanding these myths and implementing effective strategies to overcome their effects can profoundly impact your financial security during retirement. Let's examine a few retirement realities and see what actionable steps you can take to bolster your retirement savings. [...]
Annuities are financial tools designed to provide steady income during retirement, but not all annuities are created equal. One key feature that sets some apart from others is the availability of income riders. Brian Swerdlow by Brian Swerdlow Anchor Financial An income rider is an enhancement that you can purchase and attach to many types [...]
As the Federal Long-Term Care Insurance Program (FLTCIP) returns, many enrollees find themselves facing tough decisions about their long-term care coverage. Brian Swerdlow by Brian Swerdlow According to research from The National Active and Retired Federal Employees Association (NARFE), most FLTCIP participants are seeing substantial premium increases, some as high as 86%! These spikes [...]
by Brian Swerdlow Many retirement researchers claim that as the economy becomes more chaotic, those with traditional 60/40 portfolios could experience substantially better performance than those who've taken on added risk.- Brian Swerdlow Many retirees and pre-retirees enter 2024 burdened by fears of further monetary instability, inflation, and perhaps even social unrest. Some of [...]
by Brian Swerdlow Long-term care insurance is a critical consideration for federal employees. In today's world, where the uncertainties of life, aging, and health demand careful planning, failing to plan for long-term care needs is not an option. Among the array of choices available to federal workers, the Federal Long-Term Care Insurance Program (FLTCIP) has [...]
by Brian Swerdlow In the ever-evolving world of personal finance and wealth building and amid fears of market turmoil, many people seek safer ways to grow their wealth while avoiding as much risk as possible. For this reason, the idea of using specially modified whole life insurance as a money enhancement tool has gained [...]
One thing remains certain in a world of financial uncertainty: unexpected emergencies can strike any time. Federal employees, like anyone else, are not immune to being blindsided by unanticipated events. As history has shown, the possibility of a federal shutdown underscores the vital importance of having a personal emergency fund. The question is not "Do [...]
by Brian Swerdlow Even long-time government employees may not know much about the FERS Supplement. This supplement is a valuable but often overlooked benefit for those in the Federal Employees Retirement System (FERS) who retire before age 62. Who qualifies for the FERS Annuity Supplement? FERS employees who end their service before age 62 and [...]
