With a New Year upon us… Many of us feel it’s the perfect time to reflect on the changes we need or want. The most popular category in the New Year’s resolution realm is fitness and a close second is getting finances in control. There or many apps now to help you with your new found Inspiration for self, family or community improvement. These apps are Great, but really I believe the main action you need to do first. Is to resolve to make a (more…)
Technological and medical breakthroughs seem to be continually moving at a rapid pace today, when compared to 10 years ago. With all this new development, people are living healthier and longer. I recently saw a headline: “HIV -patients’ life expectancy rises” and read the article “How Long Do You Want to Live?” via: The New York Times – Sunday Review. Which re-enforces we are not only living longer but, also living longer and better with disease.
Many of us can expect to live to a ripe old age, what does this all mean for you personally in terms of retirement? Planning for this time of our lives has become increasingly important. The nest egg you may have stashed away for retirement years can fall short if it was not designed to last somewhere between (more…)
Who will receive your assets at the time of your death? We’re talking life insurance, annuities, retirement plan accounts and other assets. Did you know that contracts left to deceased individuals or ex-spouses is one of the most common beneficiary mistakes made? Another important note is beneficiary designations trump a will.
Reviewing the beneficiaries on your contracts is your assurance that many of your assets will be (more…)
Hidden away life savings… Where is your Retirement Money? Would you answer: Mattress, cookie jar, in a coffee can buried in the back yard… or would you say it’s in Investments, 401k and/or annuities.
No doubt there are many different possibilities an individual can utilize for saving money. Learning all your options before choosing an investment plan, usually is the smartest way to go about this task.
I wanted to share a story about an 80-year-old man who kept his life savings (more…)
An annuity is a type of insurance product that can provide income you cannot outlive. Generally used as part of a retirement strategy, annuities are able to provide a steady stream of income, making it a popular choice among investors.
Here’s how an annuity works: (more…)