Pros and Cons: Annuities in Retirement Savings Plans

Across the country, people are saving for retirement. It is true that many people lag behind when it comes to setting aside funds for the future, but despite this lag – where the typical couple aged 56-61 has only $17,00 set aside – there are many options available. Employer-sponsored plans, Individual Retirement Accounts (IRAs), and … Continue reading Pros and Cons: Annuities in Retirement Savings Plans

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A Review of Tax-Deferred Annuities Part II

In our previous article on tax-deferred annuities, we discussed the three primary sources of retirement income as well as potential drawbacks of relying on Social Security benefits to cover expenses in retirement. We then introduced tax-deferred annuities, also known as TDAs, and brief information on how these accounts work. Today, we’ll wrap up our review … Continue reading A Review of Tax-Deferred Annuities Part II

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

How to Maximize Earning Power for Retirement

Earning power, or earning ability, is one of the most valuable assets a person can possess.  Amazingly, if a family’s average income is $100,000 for their entire working career, a 30-year-old couple will earn 6.5 million by the age of 65.  So, how can the average worker maximize their earning power to maximize their retirement … Continue reading How to Maximize Earning Power for Retirement

How to Choose the Best Annuity for Retirement

READ THE FULL PRESENTATION: Lesson in Annuities After choosing to invest in an annuity for a continued source of retirement income, the decision then becomes the type of annuity to choose.  Many people are left with more questions than answers. What are the differences between a variable annuity vs a fixed annuity?   What is … Continue reading How to Choose the Best Annuity for Retirement

Choosing the Best Annuity for Your Retirement

When planning for retirement, an annuity investment may be the ideal solution for anyone who wants to plan for a steady stream of income until their death.  With many people living well into their 90s or even 100s, the chances of outliving retirement savings are a very real concern for many retirees.  Annuities solve that … Continue reading Choosing the Best Annuity for Your Retirement