Posts Tagged ‘retirement’
The Importance of Women Achieving Financial Confidence
The Importance of Women Achieving Financial Confidence Married or single, women are finding that taking an active role in their financial futures is critical. About 80% of married women outlive…
Read MoreRetirement Planning During Changing Times
Retirement Planning During Changing Times According to the United Nations, across the globe, people older than 65 now outnumber children under five for the first time in history. In 1960,…
Read MoreThe Growing Popularity of Annuities
The Growing Popularity of Annuities Annuities are nothing new; in fact, they’ve been around since Roman times, and maybe even before that.1 But they’re seeing a modern-day surge in popularity, fueled…
Read MoreRetirement Planning Challenges
Retirement Planning Challenges In 1985, only 10 percent of people aged 65 and older were either in the workforce or job hunting. Today, that share has doubled, for a couple…
Read MoreRetirement Planning Tools
Retirement Planning Tools Here’s an interesting tidbit from the investment industry: In 2014, Merrill Lynch hired a gerontologist on staff – the first financial gerontologist of all time.1 Why? Because their…
Read MoreIRA Refresher
IRA Refresher In 2019, the IRS increased the limit on annual individual retirement account contributions to $6,000 from $5,500. The catch-up contribution for people ages 50 and up remained the…
Read MoreDecreasing Benefits Contribute to Retiree Bankruptcy
Decreasing Benefits Contribute to Retiree Bankruptcy For most of the 20th century, it was common for employers and unions to sponsor health care insurance for retired workers, which helped pay for…
Read MoreInterest Rate Watch
Interest Rate Watch In late September, the Federal Reserve raised its key short-term interest rate to 2.25 percent from 2.0 percent, in its third increase of the year.1 …
Read MorePension vs. 401(k)
Pension vs. 401(k) Given a choice, which would you choose: a guaranteed fixed income for the rest of your life, or a lump sum tht you could invest? As it…
Read MoreAnnuity Strategies
Annuity Strategies In a 2017 Nationwide Retirement Institute survey, financial advisors revealed some of the primary concerns of today’s pre-retirees, including maintaining their current lifestyle during retirement. These people also…
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