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

The Top Qualities Of Debt-Free And Financially Prosperous People

While there is no single quality that guarantees a person will be financially successful, there are some common traits the financially free have in common. I believe that anyone, especially those partnering with a dedicated, trusted financial advisor, can achieve financial freedom, no matter how small or large their salaries. There are tons of stories of people [...]

How To Design And Customize Your Retirement Asset Allocation Framework

The one-size-fits-all approach their advisor may have used during the accumulation phase just won’t work when it’s time to retire.-George Politarhos Generic, templated approaches to financial planning can work for some people during the “accumulation” phase of their financial lives. However, as a person gets within five to seven years of retirement, it becomes obvious [...]

What Is The Sequence Of Returns Risk, And How Can You Manage It When You Retire

"Retirees wanting to generate most of their retirement income from an investment portfolio should be aware of how the order of investment returns could significantly impact the portfolio's value."- Michael Lucey One of the most significant risks seniors face in retirement is their portfolios' potential to experience large negative returns soon after they retire. When [...]

Most Seniors Will Need Additional Income Streams In Retirement

One of the most common concerns expressed by retirees in financial planning sessions is the fear of running out of money in retirement. As you near the time when you are no longer in the workforce, you might worry about whether your savings will be enough to sustain you once you stop working. The possibility [...]

Establish Your Financial Identity and Thrive

"Knowing who you are with regard to money is a critical component of becoming more successful in life."- Angie Politarhos. Attributed variously to Plato, Socrates, or Aeschylus, the saying, "Know thyself," has popped up in self-help books for hundreds of years. When applied to a person's finances, "Know thyself" has an intrinsic self-help appeal. I [...]

Six Qualities Of Highly Effective Advisors

"Building an expert team to guide you through the often bewildering and frustrating financial landscape is a crucial task if you are a pre-retiree or already retired."-Eric Coons "Do-it-yourself" retirement planning is certainly possible, even if it's probably not a great idea. The current IRS tax code, for example, is around 2,600 pages long. Then [...]

What Exactly Is An Annuity

I get asked this question a lot. "What is an Annuity?" Most people I talk to when it comes to retirement planning either do not understand annuities or have heard a bunch of negative press when it comes to annuities. I feel the simplest way to explain what an annuity is and why they play [...]

By |2020-12-29T08:36:34+00:00December 28th, 2020|Annuities, Financial Planning, Insurance, Retirement Planning|

Will Your Retirement Income Go The Distance?

What is the number one worry for retirees? Not having enough money saved to last them in their golden years. Industry expert Tom Hegna has written extensively about this fear in both of his books “Don’t Worry, Retire Happy” and “Paychecks and Paychecks.” He states, “The number one risk retirees must take off the table [...]

By |2020-12-23T21:13:20+00:00December 23rd, 2020|Annuities, Retirement Planning|

The Fundemantals Of Retirement Have Not Changed

Over the years of our life span, we are increasingly seeing changes occurring at a faster rate, which affects our lifestyle. Here in 2020, since the official start of Covid-19, we now have two or maybe three vaccines to combat this disease. What would normally have taken four to six years to complete has been [...]

Financial Amnesia

Are you planning to retire in 5-10 years? Don't forget about the 2008-2009 financial crisis.   Following the 2008-2009 recession, nearly every small business owner and self-employed professional experienced severe revenue declines. Bankruptcies spiked, and many Americans lost their homes, their companies, and their retirement accounts. The struggle to bounce back from this economic calamity [...]

By |2020-12-01T22:00:20+00:00December 1st, 2020|Annuities, Retirement Planning|