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In September 2020, the Federal Reserve ended its two-day policy meeting by announcing its intention of keeping interest rates at their current all-time lows until 2023. Since 70% of the. . .
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There’s a gremlin nibbling away at your wealth as fast you can accumulate it. It’s a real threat operating under a rather benign-sounding name, “opportunity cost.”- Michael Masor Opportunity cost. . .
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“Some retirees find they can add 6-8 years to their retirements by moving. But there are lots of things to consider before doing so.”-Dana Trenchfield It’s common for seniors who. . .
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If you are over 50, your financial advisor, agent, or CPA has probably mentioned the need for some protection against the potentially disastrous costs of long-term care. Knowing that retirees. . .
According to a recent Harris Survey, people who take a lump sum from their employer-sponsored retirement plan are depleting those funds fast. 1 in 5 retirees has exhausted it completely.. . .
Like most people, I have found myself challenged by the fallout from the COVID-19 pandemic. The social consequences are genuine, and so is the financial impact as millions of Americans. . .
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Sparked by the current pandemic, sales of a relatively new type of annuity have seen a 38% increase over the last year, according to estimates by the Secure Retirement Institute.. . .
Choosing a member of your financial team is a task that you should never undertake lightly. After all, you will be sharing an intimate part of your life with someone. . .
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While no single financial product can meet the financial needs of every retiree, annuity products have evolved to earn a respectable place in many retirees’ portfolios.– Randy Hux One of. . .
“Even before the COVID-19 financial crisis, the nation was facing a retirement saving crisis, with women already at a significant disadvantage,”- Tyler Bond, National Institute on Retirement Security. Women, especially. . .
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