Annuities are retirement saving products issued by insurance companies. They are designed to provide retirees with a guaranteed stream of income that they can’t outlive. Annuities provide protection against market volatility and the potential for conservative, tax-deferred growth. With many retirees citing their number one concern as outliving their money, it’s no wonder that annuities […]
Are Fixed-Indexed Annuities Protected? Read More »
Get the most out of your savings by using withdrawal strategies to help minimize tax impact Every dollar counts when you are no longer receiving a regular paycheck. Many retirees aren’t aware of strategies they could be using to help minimize the tax bite on their retirement account withdrawals. The money you lose to taxes
Tax Strategies In Retirement Read More »
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
What Are Annuities and How Do They Work? Read More »
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
How Do Annuity Payout Options Differ? Read More »
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
5 Reasons Why Life Insurance Is a Good Idea Read More »
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
What Happens to an Annuity when the Owner Dies? Read More »
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 »
Pension plans are fairly rare these days, especially in the private sector. In today’s world, many people build their nest egg by contributing to a 401(k) plan or IRA. Once they retire, they’re responsible for making sure the money they saved up lasts for the remainder of their lives. Many retirees are concerned about unexpected
Annuities Offer Lifetime Income Similar to Pensions Read More »
Many people rely on Social Security as a big part of their retirement income. When you are no longer receiving paychecks from work, it is essential that you maximize your benefits. These are some tips and considerations to help you get the most out of your benefits! Work Longer Your Social Security payments are based
Strategies To Help Increase Your Social Security Benefits Read More »
Many people end up needing professional help with their daily living activities when they get older. Long term care insurance policies can cover the cost of care if you become unable to care for yourself due to old age, illness, or injury. There are a lot of myths and misconceptions floating around about long term
5 Common Myths About Long Term Care Insurance Read More »
