Combining IRA investments, lifetime income annuities and a HECM into one plan could significantly increase your retirement income and liquid savings compared to traditional planning.
Combining a reverse mortgage known as a HECM with a QLAC (qualifying longevity annuity contract) can provide longevity protection, tax savings and liquidity for unplanned expenses.
Here are the multiple ways you can use a QLAC, from managing retirement risks to creating income for specific retirement needs and wants.
Looking to avoid running out of money in retirement? Consider longevity protection provided by a QLAC as a component of your retirement income plan.
Retirement income plans often don't include late-in-life health or long-term care expenses. Here's how to cover for the unplanned withdrawals to pay for those.
You really can defer RMDs and lower taxes while at the same time increasing the long-term growth of your IRA. Here's how.
While many retirees own an IRA and a home, very few are considering how they could work together in a plan for retirement income.
Getting all of your assets to work together is key to having enough retirement income to pay for caregivers and other long-term care needs.
You might consider starting with a model retirement plan that has already been assembled and is ready to be refined to meet your objectives.
Conventional wisdom says don't carry any mortgage into retirement, and if you can manage that debt-free feat, good for you. But there are other options.
Traditional planning for the cost of long-term care doesn't reflect the realities of what the costs are and how they'll be paid.
If you're a retiree looking for the trifecta of income, liquidity and legacy in your retirement plan, consider combining a QLAC and an HECM.
Here’s how to go about updating your retirement plan, including adding important elements, to ensure it meets all of your retirement objectives.
Smart planning takes advantage of the tax benefits of lifetime income protection through annuities. But wait — there’s more.
Home equity is sometimes overlooked as a viable resource in retirement. You don’t have to sell your home to find income and liquidity.
With AI on the horizon to enable the optimization of retirement income plan choices, the retirement fortunes of retirees are about to improve.
Here’s how to use your home equity in combination with an annuity contract to produce late-in-life income.
Using after-tax savings to buy an immediate annuity could shift your taxes on income to later years, when you might have expenses that can offset higher taxes.