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 [...]
By Sean Sparkman Now that our economy is experiencing severe volatility, the path to a safer, more prosperous retirement may not be as apparent to you as it was in the past. Company pensions are, for the most part, long gone, and most people won't be able to live on Social Security alone. In the [...]
"Financial entertainers such as Dave Ramsey and Suze Orman often berate pre-retirees and retirees for using credit cards. But is it always BAD for seniors to use credit?" by Debra May Leveraging other people's money (aka "credit") can be a fantastic way to grow your wealth and fund cash-flowing assets. Ask nearly any successful [...]
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 [...]
Authored By Teresa Kuhn, JD, RFC, CSA - TeresaKuhn.com Living Wealthy Financial The concept of centralized global currencies has been around for some time now. However, this idea has raced from concept to reality as cash usage in the United States and globally continues to drop. Many people are eager to find alternatives to physical [...]
Written By Lance Roberts By Lance Roberts | December 20, 2022 Share Managing your portfolio has more to do with gardening than you might imagine. Over the last decade, behavioral finance studied investor psychology and identified the repeated behaviors investors make throughout market cycles. As you can probably surmise, investors tend to develop many “bad” behaviors, which [...]
Living too long may be the greatest threat to your retirement plans. Will you have enough money to last your whole retirement? By Jerry Yu Research from Allianz Life indicates that more than 60% of people over 50 worry more about running out of money than dying! Unfortunately, fears about living too [...]
This is a 2.5 minute read. by Debra May Retirees often face a dilemma when deciding how to invest their money in a more risk-averse manner. Certificates of Deposit (CDs) are popular, but Fixed Index Annuities (FIAs) are sometimes a much better option. I want to compare these two safe money choices to show why [...]
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 [...]
Many retirement planners advise their clients not to put an annuity in their qualified plan accounts. But is this always the best advice? By Daniel M. Stewart Stewart Wealth Advisors Many retirement planners steer their clients away from using annuity products in qualified plans,such as IRA accounts. Putting a tax-deferred annuity into a retirement [...]
To avoid running out of money in retirement, you must protect your wealth against market volatility and "sequencing risk." One of the most significant risks to retirees' nest eggs is that timing withdrawals from your retirement account could negatively affect your overall returns. Lower-than-expected returns will then increase your chances of a shortfall in your [...]
"A new DOL ruling would ease existing restrictions on environmental, socially conscious investing by fund managers. Unfortunately, the track record for these funds is not that impressive so far." by Kenneth Reeves If you're like most Americans, the reasons you put money in your company's 401k or IRA are pretty straightforward. You want to grow [...]
