by Jerry Yu Reign Financial 401ks have numerous benefits and are critical to many people's retirement plans. However, 401ks have a few shortcomings that may make them problematic for some seniors. These plans may also pose issues for people who've changed jobs but decided to leave their 401k with that employer. If you fall into [...]
https://www.youtube.com/watch?v=nPvRNfc1DIc
by Robert Messinger With the economy seemingly in free fall and our leaders out of ideas, retirement planning has become more complicated and challenging than ever before. As I write this post, the specter of an unresolved debt ceiling looms large, fraying the nerves of everyone from central bankers to politicians to Social Security [...]
By Daniel Stewart "Retirement is one of the most significant milestones in a person's life. However, for many older Americans what should be a happy, stress-free time can easily become full of money challenges and other unanticipated hurdles." If you are a pre-retiree witnessing what seems to be an economy on the edge of a [...]
By Jerry Yu The Family Money Doctor© If you are in the "sandwich" generation, you may need a "money doctor." Lately, I've been writing about the "sandwich generation"- those who care simultaneously for their growing families and aging parents. I too am a sandwich generation member, so I know the difficulties associated with providing [...]
by Orlando McCall You give an insurance company a specified amount when you buy an annuity. In exchange, the insurance company pays that money back to you in payments. Modern annuities give you numerous choices and a good deal of customization options. One popular annuity option is the period certain life annuity. A period-certain annuity [...]
As the economic environment becomes more chaotic, pre-retirees with traditional 60/40 portfolios may experience substantially better performance than those who have weighted their matrix with riskier investments. by Daniel Stewart 2022 is reaching its' painful conclusion, with many seniors in a state of uncertainty and fear. Some Americans are so afraid of making mistakes with [...]
by Sean Sparkman Patricia and Stan were a recently retired couple looking for safer ways to invest their money. Through a friend, they had heard about a financial strategy known as "annuity laddering" and were intrigued by the idea. Patricia and Stan had saved for retirement for many years. However, they hadn't had the chance [...]
Is a 529 the only way to save for college? by Jerry Yu Monica was an attentive, motivated parent, going far beyond the call of duty to ensure her son Jacob had every tool available to succeed. Sacrificing time and money, Monica made sure Jacob had access to tutors to increase his [...]
"Life unwinds like a cheap sweater, but since I gave up hope I feel a lot better. The truth gets blurred like a wet letter, but since I gave up hope I feel a lot better." –Singer-songwriter Steve Taylor. By Eric Coons Ever feel like you're dog-paddling upstream in a river of fools? Or that [...]
"Annuities remain popular vehicles for pre-retirees and retirees seeking guaranteed income throughout the course of their retirements. Yet, the way annuities are marketed often creates confusion and misunderstanding." By Lawrence Castillo I'll be the first to concede that effectively saving for retirement is a tricky proposition for many of us. Even when you are diligent [...]
Do you have a "Just In Case" Retirement plan? If so, that's something you definitely don't want. Discover how to move from "just in case" to "as prepared as possible" in this short video from California's most trusted financial advisor, Jerry Yu. Discover more! Jerry Yu Reign Financial - The Family Money Doctor Check my [...]
