Today 10,000 new baby boomers retire each day. Think about it: Many people don’t get defined pension plans from their employers anymore. If anything, employers have reduced their 401k match, while employees are contributing less to their 401k.
The Baby Boomers are arriving in full force. In 2006 we witnessed activity in the annuity sales market totaling sales $236 million. Much of this demand is because Baby Boomers were retiring at the rate of 10,000 per day. And with the impending crush of retirements, the insurance industry is gearing up for a [...]
Income that can never be outlived is the secret many are learning is the most important part of retirement When was the last time you heard anyone say, “I am not worried about the stock market.” The financial crisis beginning in 2008 still hovers over all of us today. Equities’ sharp drop during the crisis [...]