Retirement planning is figuring out how much money you will need to have saved up when you retire so that you can live comfortably. It involves estimating how long you will live and how much money you will need each year to cover your expenses.
Learn more about retirement planning from our financial advisors below.
Recession-proof your life by eliminating debt “History doesn’t repeat itself, but it often rhymes.”– Credited to Mark Twain It’s well understood that boom and bust cycles are an intractable part of every capital-based economy. Those of us who’ve been around long enough can recall the “Oil Shock” of the early ’70s, the recession of 1981-82, […]
Unfortunately, there may be a time when you feel as though you have no other recourse but to tap into your retirement fund. Unforeseen circumstances like the death of a spouse or family member, large medical bills, and similar situations can leave you, and your bank account, feeling drained. In these situations, it might be possible to borrow from your 401k without incurring penalties, but before you decide, keep in mind the following.
What is the difference? Make sure you know. Yes, it most certainly is. A financial plan will focus on the accumulation phase during your working years. Its purpose is to make sure you have a realistic target of how much money you will need after you stop working. It also helps ensure that you’re saving […]
You have probably heard the term 401k before, but you may be unsure about how a 401k can benefit you. If this is the case, don’t worry, you are not alone. Read on to discover the answers to some of the most frequently asked 401k questions.
Does it lay golden eggs like clockwork, every month, of the same size, no matter how many months you need? Aesop told “The Goose That Laid Golden Eggs” fable. You’ve heard the fable, right? A countryman owned this goose that laid a golden egg every day, which the countryman took to market and “cashed in.” […]
Learn the rules to avoid a tax mistake when you roll over your Individual Retirement Account Individual Retirement Account (IRA) rollover is a tax-free distribution from one retirement account to an IRA. It allows your savings to continue accumulating, tax-deferred. An IRA rollover comes in handy if you’d like to consolidate your retirement plans into […]
What happens when your money dies before you? What are your options? When it comes to living a long life, most of us are of two minds. Part of us loves the idea of growing old with grace, traveling into our 90’s, playing with our great-grandkids (perhaps even our great-great-grandkids!) and being known as the […]
Is the Financial Crisis and Market Volatility Affecting Your Sleep? Financial volatility and the ongoing crisis Have most Americans been exposed to the stock markets volatility? It has caused many people to reconsider timelines for retirement and other lifetime funding option. If your 401 (k) or other retirement investments have been reduced in value […]
Learn How a 403(b) Can Expand Your Retirement Options A 403(b) plan, also known as a Tax Sheltered Annuity (TSA), is a retirement plan for employees of public schools and other tax-exempt organizations. It’s also called a tax-sheltered annuity (TSA), a tax-deferred annuity, or a 403(b) annuity. Only certain people are eligible to participate in […]
Little fees can eat away at your retirement savings. Your 401(k) offers you an outstanding retirement savings vehicle, with fees attached. Some of these fees are hard to detect unless you read the fine, fine print about what’s going on with your investments. Over time, those fees will cut into your retirement savings potential. How […]
© 2023 Annuity.com – A National Organization Focused on Truth, Transparency, and Trust.
For Licensed Agents | Honors| Member Login
About | Contact | Glossary | Code of Ethics | Terms of Use | Privacy Policy | Website Accessibility
