A Review of Tax-Deferred Annuities

As we work over the course of our careers, many of us have an eye on retirement. Saving money toward retirement makes smart financial sense, yet on average, American workers are not setting aside enough funds for their lives after they retire. There are many retirement plans available to workers, from employer-sponsored 401(k) plans to … Continue reading A Review of Tax-Deferred Annuities

Protecting Retirement Assets: An IRA Rollover Review Continued

In our last article in this blog series about IRA rollovers, we introduced earning power and what it means for one’s financial future. We also discussed some of the options available to employees who have employer-sponsored retirement plans but are transitioning to new jobs with new employers. When you have a retirement plan with a … Continue reading Protecting Retirement Assets: An IRA Rollover Review Continued

Balancing Finances and Healthcare

Long-Term Care Services There are four main types of long-term care services: Assisted Living Facilities – For those who need assistance with day-to-day activities and personal care services. Nursing Homes – For residents who are in need of more intensive medical and physical services than assisted living provides. Continuing Care Retirement Communities – These communities … Continue reading Balancing Finances and Healthcare

Life Insurance – The Retirement Income Solution

In our last article, we discussed the three primary sources of retirement income for most workers. We also introduced the concept of “earning power”, and how our incomes are our most valuable financial asset. Within the range of retirement income options, we also discussed some of the problems facing those who may expect to rely … Continue reading Life Insurance – The Retirement Income Solution

The Role of Life Insurance in Retirement Planning

There are many options available to individuals who wish to set aside money for retirement. Each has its own share of benefits, such as tax deferrals or shelters, market growth, and rates of return. Employer-sponsored retirement pension programs, retirement accounts, and government benefits represent some of the most common retirement-planning instruments available to workers. Life … Continue reading The Role of Life Insurance in Retirement Planning

Protecting Retirement Assets: An IRA Rollover Review

Saving for retirement is one of those aspects that too many U.S. workers overlook. No matter how much one earns in a monthly or annual salary, none of that matters once retirement age is reached. On average, workers save far less for retirement than financial experts recommend, and this can lead to an unstable financial … Continue reading Protecting Retirement Assets: An IRA Rollover Review

Educational Savings Accounts Explained

  College costs can take a toll on a family’s financial earning power if steps are not taken beforehand to save for and fund this expensive endeavor.  With college costs ranging from $20,090 to $45,370 annually, finding the best sources of funding is important.   Educational Savings Accounts Basics There are several factors connected to … Continue reading Educational Savings Accounts Explained