By Daniel Stewart As we age, it's common to experience some decline in cognitive ability. This unfortunate situation is caused by several factors, ranging from lifestyle choices to genetics to diseases such as Alzheimer's and other types of dementia. Unfortunately, the consequences of diminished mental acuity in seniors are disturbingly negative. Whether we like to [...]
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 [...]
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 [...]
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 [...]
"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 [...]
"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 [...]
In this short video, Southern California income advisor Jerry Yu explains why, if you don't have provision for LTC needs, your retirement plan is less than stable. https://www.youtube.com/watch?v=uyvuSQdfOKw Check out my other LTC content below: https://www.safemoneytrends.com/jerry-yu-will-your-state-require-you-to-have-long-term-care-insurance-mandates-may-be-coming-soon-to-many-states/
"If you or your spouse has some years between when they retire and when they had planned to retire, you may encounter the stress of finding affordable, quality health care coverage to bridge the gap until Medicare kicks in." Paul Hubbard III By Paul Hubbard A typical working-class couple, George and Delores' rigid adherence to [...]
