Seeking the right advice for retirement planning throughout one’s working years is key to building a balanced portfolio. In fact, those savings years is referred to as the “accumulation phase,” in an overview on retirement into Forbes magazine. But even the best planning, savings and advice may not protect the retirement portfolio from ‘inflation,’ which […]
Reaching a higher tax bracket can cost you money, but not in the way most people think. Making $37,951 instead of $37,950 in 2017 doesn’t mean the entirety of your money is taxed at 35%, just that last dollar. But finding yourself in a higher tax bracket does impact other financial factors based on your […]
If you’re concerned about having enough to live on when you retire, you’re right in step with other Millennials. Seventy-two percent of Millennials are already saving for retirement, and the average age they begin is 22. Your generation is very aware of three facts about retirement. Social Security may not be bust when it comes to your turn to retire, but it may not […]
“The secret of getting ahead is getting started.” Mark Twain Throughout one’s working life, it’s not always about saving judiciously and investing wisely. Such efforts can fail to pay off without that all-important first step in creating an estate plan: Without an estate planning strategy, it is a sure way to undermine even the most modest […]
It can be confusing for your clients to discern whether certificates of deposit or annuities are a better investment for their retirement future. On second thought, perhaps the idea of what’s an investment needs redefined. Most of your clients will understand that a certificate of deposit (CD) is an investment. They deposit their money in […]
Today, the internet plays a role in the lives of almost every American. From checking your emails on a smart phone, to watching funny Youtube videos, to buying and trading stocks, all the way to completing college courses online…the digital presence in our lives is on a fast moving train with no end in sight. […]
The largest, wealthiest, and perhaps most influential body of Americans are currently retiring, and they are doing so in droves. The baby boomer generation, traditionally defined as those who were born between 1946 and 1964, make up the largest portion of working Americans. They have influenced everything from the hula hoop to home ownership, and […]
Source: Source Media, Inc. Advisors report that clients request annuities more than any other unsolicited product, according to new research from Cerulli Associates. Annuities ranked sixth in 2011, but interest in the product has increased over the last year, marked by a 15% increase… For Full Article Click Here
Last week, we asked seniors what they thought of fixed indexed annuities (FIAs). Now, we give boomers a chance to give their opinion on this important retirement product. Have they ever owned one? If not, would they purchase a fixed indexed annuity? Also, if you have an opinion about fixed annuities — whether or not […]
For years, indexed annuities have provided a strong value proposition to those saving for retirement: guaranteed safety of principal while having the ability to earn limited interest based off of the performance of a stock market index. This must appeal to at least a few people; the insurance industry has experienced record sales of indexed […]