Watch out for the Fake News and those who spread it I know that many investors are not big annuity fans, but I also know that most annuity “haters” have been exposed to “fake news,” mostly via false advertising from stock guys who’ve lost business to modern annuities. I never recommend an annuity for [...]
Considering using bonds for investing in your retirement account? Before you make any commitments, take time to understand exactly how cooperate bonds work, the benefits they offer and the restrictions associated with them.
Why not use annuity products to insure your retirement plan? It is much easier (and less expensive) than you think.
Term life insurance is often Less expensive than other types of insurance, especially when the insurance is purchased while the policyholder is younger in age. Because of its affordability, it can be a good choice for short-range goals, such as until your youngest child finishes college, while you pay off a loan, extra insurance protection during child-raising years or until you are able to afford a more permanent type of life insurance. The cost and availability of the type of life insurance that is appropriate for you depend on factors such as age, health, and the type and amount of insurance you need.
We all dream of retirement and spending our time as we see fit, but making that life changing decision prior without fully understanding the consequences can be an error. Compared to other cultures and countries, The US lags behind in the percentage of funds saved.
Welcome to the age of safety, for the discretionary must have retirement funds needed to secure a lifelong income with no worries of running out of money before you run out of time.
The use of the money known as the “float” allows the insurance company to use the funds for investment. If a claim is never paid, the float can become a significant amount of investible capital. Warren Buffett discovered this concept years ago and has used the float to increase his investible assets.
The current state of the world economy is about as volatile as it has ever been since WWII. Many investors have run to safety and made huge purchases in the only one really safe vehicle available-US Treasuries. Buying Treasuries is definitely a safe investment option….or is it? It is true that US Treasuries carry no risk, no risk in your investment being lost. However, there is another risk associated with investing in US Treasuries.
Bonds are backed by the financial strength of the bond issuer. If the bond issuer is not able or chooses not want to pay, a bond can be in default. The reasons for default can vary from inability to pay to a desire to reduce the actual bond’s obligation. While US Treasury securities never default, corporate bonds default on a regular basis.
When you open a retirement savings account (such as an IRA), you have the option of naming a beneficiary. This beneficiary designee stipulates where these assets will go when you pass away. A beneficiary form commonly takes precedence over a will, because retirement accounts do not fall under probate.