Thursday, June 6, 2019 You're Retiring. Now What? A lot has been written about the Baby Boomer generation, whose moniker came from the explosion of births following World War II. This large portion of the population is heading into or is currently in retirement with ages ranging from 53 to 71 in 2019. READ MORE >>
Sunday, June 2, 2019 How to Maximize Your Social Security Benefits • Wait to Tap Into Your Social Security Benefits While you’re allowed to start taking Social Security at age 62, it’s a good idea to wait until you’re 70 to start. READ MORE >>
Thursday, May 30, 2019 Whom to trust when buying an annuity? Getting financial advice on complicated insurance products is, well, complicated. Most life insurance with investment options, long-term care insurance and annuity products come with a dizzying array of options and many pages of fine print, the merits of which are debatable for your bottom line. READ MORE >>
Monday, May 27, 2019Know that interest rates will probably rise Many experts will tell you that today's rock-bottom interest rates will probably rise. At least a bit. If they do, two areas can challenge investors: bond duration and adjustable-rate loans. "You'll want to switch to shorter-duration bonds," says David Fleisher, CEO at Firstrust Financial Resources in Philadelphia. READ MORE >>
Sunday, May 19, 2019 10 Money Moves To Make Before Year End As we near the end of the year, now is the time to assess what financial moves you should make before year end. There are a number of tax related decisions that could significantly reduce your tax liability for the current year. READ MORE >>
Thursday, May 16, 2019Calculate Future Value Assume you have $5,000 in your savings account right now and that your bank pays interest of 1.5% each year. Let’s use the future value formula to find out what your account will be worth in 40 years. PV = $5,000 t = 40 i = 1.5% Plugging those numbers into the formula, we get: READ MORE >>
Monday, May 13, 2019 A Wonderful Read On Income For Life by Walter Updegrave (2019) @CNNMoney I know that immediate annuities can provide lifetime retirement income, but I would like to understand more about how they work and how to choose one. \ Can you help? --K.T. READ MORE >>
Thursday, May 9, 20191. Set a savings goal On New Year's Day -- once your headache from all that champagne subsides -- set a savings goal for 2019. Your goal should be measurable, achievable, realistic and timely. You might feel really ambitious and set a super-high savings goal, but you'll also be setting yourself up for failure. READ MORE >>
Tuesday, May 7, 2019Non-Guaranteed Income Your life’s work allows you to receive paychecks until you retire. How do you plan to receive paychecks for the rest of your life so you can stay retired? There are many sources you may receive retirement income from, but most include the risk of running out of money before you run out of life. READ MORE >>
Friday, May 3, 2019 Fixed Annuities Many retirees choose fixed annuities for their predictability, stability and guaranteed stream of income. With a fixed annuity, the lifeinsurance company agrees to pay a fixed rate of income to the investor for life after a certain date. READ MORE >>
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