Annuities are a financial tool that can be used to create reliable income to supplement Social Security during retirement. When you buy an annuity from an insurance company, you can in return receive monthly payouts, starting now or at a specified point in the future depending on the annuity you choose. There are different types …
Life insurance is something that very few people -if anyone- can get excited about. Nobody wants to think about how their family will be affected by their death. The thought of choosing and paying for another complex insurance policy doesn’t sound appealing either, especially to the young and healthy. The truth is, life insurance has …
Annuities have many benefits for retirees, the most important being that they are capable of providing a reliable source of outcome that can’t be outlived. When considering whether or not to purchase an annuity, many are concerned with what will happen to their annuity when they die. They want to ensure that the wealth they’ve …
One of the biggest mistakes you can make when it comes to retirement is waiting too long to come up with a plan. Many people don’t start thinking about retirement until it’s quickly approaching, and it can be difficult to reach savings goals with short-term investing strategies. For many young professionals in their 20’s, possibly …
How Can Young Professionals Start Planning For Retirement? Read More »