Learn tips and tools to increase savings, balance risk & return, and maximize your retirement savings.

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|

Running Out of Money Before You Run Out Of Life

The devastating effects or living too long (the longevity crisis) and not having enough funds to maintain an anticipated quality of retirement is a real concern. LIMRA reports: The average life expectancy for a person who reaches the age of 65 is 83 for males, 86 for females. LIMRA purports that the proper way to interpret these statistics is to assume half of all males who reach age 65 will live past 83 and half of the females who reach that age will live past 86. Half of all couples who reach age 65 will have one partner hit 90.

By |2020-11-24T15:05:08+00:00November 24th, 2020|Annuities, Retirement Planning|

Will A Diverse Retirement Plan Provide Peace Of Mind

"Dollars saved 20 years ago have lost nearly HALF of their purchasing power. Such inflation poses a serious threat to seniors entering retirement, as well as those already in retirement." Robert Cannon Since 2000, the US dollar has lost an incredible 44.2% of its purchasing power. Reports from the government's Bureau of Labor Statistics (BLS), [...]

By |2020-11-22T19:03:32+00:00November 22nd, 2020|Retirement Planning|

Do I Need Dividends in My Retirement Portfolio?

Can you depend on company dividends for your retirement income?   The definition of a dividend is payments made by a corporation or organization such as a mutual life insurance company to its shareholder members. It is the portion of corporate profits paid out to stockholders for their investment in the company. Dividends are taxable [...]

By |2020-11-21T00:45:16+00:00November 20th, 2020|Retirement Planning|

Retirement Income Planning Right Or Wrong

Retirement Income Planning: Are you doing it all wrong? "The COVID-19 pandemic, if it taught us nothing else, demonstrated the need for guaranteed and predictable sources of income."- Teresa Kuhn. We live in an age of volatility and uncertainty. Even well-planned individuals find their wealth exposed to destructive forces such as inflation, declining interest rates, [...]

By |2020-11-12T23:33:22+00:00November 12th, 2020|Financial Planning, Retirement Planning|

And They Lived Happily Ever After

"Happily ever after" is typically the ending to a fairy tale. But it's more than that. It's also the way we want to retire. What does it take to have a long and happy retirement? This has been the subject of study by Ph.D.'s in countries around the world. Before I go on, how would [...]

Are You A Woman Worried About Money?

Are you a woman who tosses and turns at night, worrying about money? Insurer Allianz surveyed women in 2019 found that 67% of female survey respondents reported worrying about their current financial situation versus 57% of males interviewed. Nearly 40% of women surveyed reported thinking about money on a daily or least weekly basis. A [...]