by Kevin | Jan 21, 2019 | All
This week’s article caught my eye at the outset when it stated “In case you didn’t know, there is such a thing as a lifetime income club. Of course, it goes by another name: annuities.” The author of the article, the Chief Academic Officer of The American College of...
by Kevin | Jan 14, 2019 | All
Have you ever thought about why people haven’t saved more for their retirement? “Financial shocks leave a mark on financial outcomes such as your ability to retire,” said one of the authors of RAND’s study on savings regrets. “The shocks can be quite serious and set...
by Kevin | Jan 7, 2019 | All
With the New Year, we often reflect on goals and resolutions. This week’s article tells us “Surveys of retirement-age baby boomers indicate they no longer seek high growth in their portfolios. Instead, they express a desire for guaranteed lifetime income, safety of...
by Kevin | Dec 19, 2018 | All
I thought you might be interested in this week’s article because it mentioned a goal that I have been hearing more and more people mention in recent weeks. The author asks if you are seeking “a guaranteed minimum rate of return that never varies regardless of market...
by Kevin | Dec 17, 2018 | All
Did you know there are studies that indicate health declines with retirement, and thus health costs increase. “For many people, retirement is a key reward for decades of daily work—a time to relax, explore, and have fun unburdened by the daily grind. For others,...
by Kevin | Dec 10, 2018 | All
This week’s article tells us that “Annuities play an important role in retirement planning by helping individuals guard against outliving their assets. In the most general sense, an annuity is an agreement for an entity (generally a life insurance company) to pay...
by Kevin | Dec 3, 2018 | All
“An annuity serves as a complement to other retirement income sources, such as Social Security and pension plans.” One of the reasons is because “all the money you invest compounds year after year without any tax bill from Uncle Sam. That ability to keep every dollar...
by Kevin | Nov 26, 2018 | All
It is always important to “get the answers you need to help calculate your path to retirement.” This week’s article goes a long way toward helping you navigate the way by providing information about frequently asked questions you may have about an option you are...
by Kevin | Nov 19, 2018 | All
Did you know that “recent studies put the “retirement income gap,” the difference between the amount of money retirees have saved and what they need to maintain their standard of living in retirement, at $7.7 trillion. In addition, retirement savings are...
by Kevin | Nov 12, 2018 | All
The Stanford Center on Longevity published an article that I thought you might like to read. While it said “current studies show that individuals’ confidence in the ability to retire comfortably, or to retire at all, are at new lows”, it went on to explain “this is...
