When interest rates rise, so do payments on new annuity contracts. Maybe it’s time to take another look at how annuities can fit into your retirement income.
There’s a lot of promotion of ’alternative investments’ these days, from gold to real estate and even to Bitcoin. Are you missing out?
An integrated approach of investments and annuities could provide you with more retirement income in addition to protection against inflation and late-in-life expenses.
Keep a generous amount of your savings in the stock market, but make stocks only part of your retirement income plan to manage the risks.
To be or not to be secure in retirement… Income planning is critical, and that means testing different strategies and products to get your best outcome.
How you handle your pre-tax and after-tax accounts can make a big difference in your income in retirement and the legacy you leave.
Financial adviser Jerry Golden posed retirement planning questions to ChatGPT. The results? A good start that begs for human intervention (though it had some things to say about Jerry!).
Let’s take a close look at ways to create the liquidity necessary in your income plan to cover big-ticket items later in retirement, such as long-term care.
‘Longevity insurance’ ensures you don’t run out of money in retirement. How to figure out how much you need, the types of annuities to use and when the income should kick in are tricky questions, though.
Planning that integrates income annuities can help alleviate the No. 1 fear of retirees, even in worst-case investment scenarios and when living way beyond your life expectancy.
Let’s explore how to figure out how much income your savings can generate at retirement and how to build a better plan when retirement is five or 10 years away.
Some are saying artificial intelligence can replace human financial advisers, but even ChatGPT recognizes the value of experience, judgment and a beating heart.
Here are four proposals to modify the Social Security program and to ensure the program keeps going strong for future retirees.
Rising interest rates, pressure on Social Security, unpredictable markets and longevity risks are making annuities ever more attractive as a part of retirement planning.
New legislation raises the amount you can transfer from your rollover IRA to a qualifying longevity annuity contract (QLAC), reducing RMDs and increasing guaranteed lifetime income.
Predictions about what the markets will do or how the economy will perform are often wrong. That’s why it’s better to “prepare” rather than “predict,” and that requires establishing some basic assumptions.
A strong retirement income strategy considers many factors, including the retiree’s unique financial resources and needs. How and when you tackle them is critical.
Even in tough times, you can secure retirement income that lets you maintain your lifestyle, lasts a lifetime, adjusts for life events and leaves a legacy for the kids.