Retirement Planning Archives

Dissatisfied with 401(k) Plan Investment Menu?

September 13, 2013/in Retirement Planning/by Staff Author

If you are like most people who participate in an employer-sponsored retirement plan, you will be pleasantly surprised to learn that you may be permitted to access part or all of your assets within the plan while still employed. It is one of the most unique and powerful investment strategies available, yet it’s seldom used or explained in offering greater diversification and opportunities. Some opportunities may even provide guaranteed benefits for lifetime income.

Mother, Banks and Options to Avoid Poverty

July 23, 2013/in Retirement Planning/by Bill Broich

“My mother is sixty-seven-years old and has saved up a half-million dollars in a bank account earning about 1% interest. Obviously, not a very good interest rate. She wasn’t sure what to do to earn more money on her money. Her house was paid off as well as her car. She had been thrifty her entire life, but still felt like she was making a mistake keeping her money in a normal bank account. I want to find a way to help her.”

The US Treasury, Your 401 (k) and Longevity Income

July 7, 2013/in Annuities, Retirement Planning/by Bill Broich

The Treasury has reiterated the need for “longevity income” for plan participants and outsourcing the responsibility to insurance companies seems like a good fit. Many companies build their portfolio around the need of their customers income needs lasting a long period of time. Insurance companies can reduce the risk of an individual making eh incorrect decision with their important assets.

Helping Baby Boomers Plan for Retirement

June 3, 2013/in Annuities, Retirement Planning/by Staff Author

Most people can get the money they need for retirement without gambling heavily on equities, they just don’t know where to look. I’m in the business of helping Baby Boomers retire and post-retirees stay retired. My clients enjoy a hassle-free retirement; our planning assures safety, lifetime income, and potential for attractive returns—all while maintaining control of your money.

Home Equity – Reverse Mortgage Loans

May 7, 2013/in Retirement Planning/by Bill Broich

Home equity loans have been, until recently, an easy way for Americans to finance their spending. For seniors with mortgage free homes, one of the most popular ways to do this is by means of the reverse mortgage. A reverse mortgage allows you to borrow money against the equity of your house, without having to pay it back in installments. The repayment takes place you die, move house or sell it off. A reverse mortgage requires no income proof and the only eligibility criteria is home ownership by a person aged 62 or more.

Self Directed Real Estate IRA

June 7, 2012/in Retirement Planning/by Bill Broich

Using a self-directed IRA to purchase real estate is a little known trick which is vastly unused by the ordinary investor, if only because few ordinary investors would consider themselves qualified enough to make investment decisions on behalf of their own Individual Retirement Accounts. Most IRAs allow account holders to choose from a bevy of sub-accounts. This selection does not include real estate.