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
Tag: deferred annuity
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