Examine the different types of annuities and see if an annuity is the right fit for your retirement portfolio.

Does The Calculation “120 Minus Your Age” Make Sense Anymore?

"For years, pre-retirees have been told to follow a "120 minus your age" investing formula. But, do dramatic shifts in the economic landscape make that advice obsolete?" Eric Coons A fundamental principle for an investor is the gradual reduction of risk as you approach retirement age. It makes sense because retirees generally don't have the [...]

By |2021-06-17T22:17:57+00:00June 10th, 2021|Annuities, Insurance, Investing, Retirement Planning|

The Glidepath And Systematic Withdrawal Theory: Do They Still Apply In Today’s Interest Rate Environment?

William Bengen is considered the father of the systematic withdrawal theory. Bengen, in his extensive research, tested hundreds of portfolios to create a standard portfolio withdrawal rate that would survive portfolio failure. His research concluded that a 4% percent withdrawal rate was safe. He dubbed it the SAFEMAX rate. It also supported the assumption that a well-funded [...]

By |2021-06-07T18:35:41+00:00June 7th, 2021|Annuities, Estate Planning, Retirement Planning|

What Do You Do When Your 401k/IRA Balance Hits Zero?

Most people over 50 years old are aware of the penalty for withdrawing money from their retirement plans (401k or IRA) before age 59 ½. By doing so, the IRS would levy a 10% penalty for early withdrawal against the account holder. However, many of these same retirees and pre-retirees are unaware that at age [...]

Baseball Great vs. Financial Meltdown

Our “Poster boy” in this article is baseball great Babe Ruth! You might ask yourself, what do historic baseball greats and the financial meltdown have in common? You might be a history buff or you might have no interest in the past, but you definitely want to look ahead to the future.   The current financial [...]

By |2021-06-04T18:47:28+00:00June 4th, 2021|Annuities, Retirement Planning|

What Are The Main Differences Between Annuities And Bonds?

"Both an annuity and a bond can assure you of a steady income when you retire. But these two instruments have some important differences. So it's crucial to know exactly how they differ before you decide which one to include in your portfolio." Ed Hochard Both annuities and bonds are popular with pre-retirees and retirees [...]

By |2021-06-04T18:25:10+00:00June 4th, 2021|Annuities, Bonds|

Are You Prepared If You Are Forced To Retire Early

"Since the pandemic was first declared, over 2 million older workers have exited the workforce for good. But, unfortunately, this is not always by choice."- John Ripley Forced early retirement is a problem for the entire nation. In the period after the COVID-19 pandemic was declared a national emergency, thousands of older Americans find themselves [...]

By |2021-06-04T18:04:29+00:00June 4th, 2021|Annuities, Estate Planning, Insurance, Retirement Planning|

What Should You Do If You Inherit An Annuity?

"You cannot avoid paying taxes on an inherited annuity, but there are several things you can do to defer the pain." Joe Uppleger While inheriting an annuity from a loved one can be a welcome windfall, particularly as you plan your retirement, there are tax implications that you need to consider. The method of receiving [...]

By |2021-06-04T17:52:34+00:00June 4th, 2021|Annuities, Investing, Retirement Planning|

Are Myths And Misinformation Keeping You From Having An Annuity In Your Portfolio?

"Annuities are among the most misunderstood retirement and income products on the market. Even some agents who sell annuities don't truly understand them or their power to transform your retirement." Brad Rhodes Contrary to what some television financial "advisors" say, an annuity, when properly understood and sold correctly, is an excellent retirement and income planning [...]

By |2021-06-02T23:40:35+00:00June 2nd, 2021|Annuities, Retirement Planning|

What are “floating rate” bond funds and are they better than fixed annuities?

“However attractive floating bond funds appear, investors must be diligent to weigh the risks, research the holdings inside the fund, and consult their financial advisory team to ensure alignment with their overall financial goals.”- Jerry Yu With their lower sensitivity to interest rate changes and the ability to reflect current interest rates, floating rate funds [...]

By |2021-06-02T23:28:21+00:00June 2nd, 2021|Annuities, Bonds, Estate Planning, Retirement Planning|

When Planning, Don’t Forget These Often Overlooked Retirement Expenses

"There is a massive disconnect between how much money people think they'll need in retirement and their actual expenses once they no longer work.”   Steve Kerby Retirement marketing tends to present highly idealized visions of retirement as a sort of heaven. In retirement, there is no work, no nasty bosses, endless sunshine, road trips, and [...]

By |2021-06-03T21:30:48+00:00June 1st, 2021|Annuities, Retirement Planning|