As people get close to their retirement years, objectives and goals must adjust from accumulation to income distribution, and portfolio investment risk must be also be addressed accordingly. There is no good reason for investors at or near retirement to have stock or bond market risk, especially in the current low-interest-rate environment. So, where can [...]
Also known as "longevity" annuities, deferred income annuities (DIAs) are risk transfer contracts. These contracts allow you to create a guaranteed future income stream many years before you retire. DIAs are often used to supplement existing qualified plans and pensions. They can help solve a person's concern about outliving their money in retirement. When you [...]
Quarantined, isolated and confused Today, I am sitting in my home, self-isolated, keeping a social distance away from the rest of the world, and I have a slight tickle in my throat. I am watching TV with one eye on the stock market as the Dow drops lower and lower, and with the other eye [...]
I think we can all agree we live in unprecedented times with a worldwide pandemic, anarchy in our cities, and a stock market that is on a roller coaster ride every other day. As retirees, this can become very overwhelming as we question how to protect our hard-earned retirement funds. Do the following fears keep [...]
Volatility is what drives the stock market, it changes. As it changes, opportunities exist to make money whether betting on a movement up or a movement down of the market. All that is needed to make the stock market work is volatility and what drives volatility? Information.
It is very common when individuals explore retirement plan alternatives that they focus on the monthly payments they will receive when they start taking lifetime income. There are certain circumstances where that criteria can work against what the plan holder needs. Recently a client explored what products would give him the highest monthly income. [...]
What matters most? Every day I speak with clients, and one of the hardest things I must convince them of is that it's no longer about chasing the highest interest rates. You see, most of my clients are retired or very near retirement. They are in the so-called "fragile decade," which is the five years [...]
Last Friday (August 23, 2019), a very close friend of mine passed away. I wanted share the story with you. I have changed their names, of course, to protect their privacy. Recently, a very close friend of mine passed away and I wanted to share the story with you. I have changed their names, [...]
Volatility in the stock market again is back, and it might be a warning shot. More people are waking up wondering could this be the Big Correction everybody’s been worried about. I can’t answer that question, but I can tell you that a major correction is inevitable will it be 10%, 20%, 40% who [...]
What is the real benefit of Fixed Indexed Annuities? Your funds are fully guaranteed and are safe and secure. Your Fixed Indexed Annuity can only increase. Fixed Indexed Annuities are best suited for people who want to protect their original principal and provide for an increase in funds linked to a major index.