An annuity is a contract or deposit with an insurance company that comes with many benefits including tax-deferral for non IRA money which reduces annual taxes. For IRA money the funds are already tax-deferred. An annuity can be used for Roth IRA’s, 401k’s, 403b’s, IRA’s or non-IRA Money. Annuities also […]
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Many people that I talk to are worried about generating enough money to maintain their lifestyle after retirement. You have spent your entire life working and saving for retirement, and most likely you put a plan in place to help reach your retirement goals that will generate income in retirement. […]
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When it comes to making and keeping an appointment with an attorney, doctor or dentist, most people keep it and are on time. They realize that their estate planning, physical health, and teeth are important. Yet, when it comes to learning about investing, many investors are complacent, procrastinate or cancel […]
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Annuities come in different shapes and sizes offered by more than 65 companies. Some have high fees, some have low fees and others have no fees. People typically purchase an annuity to create a monthly check for life, for potential growth without risk of losing money, to provide a benefit […]
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Who is your financial role model? If you’re married and said your spouse, you may want to rethink your answer. The latest CNBC Survey found that 20% of married men said their partner or their spouse. But women said 32% are much more likely to rely on their significant other. […]
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If you’re over 50 and concerned that you didn’t save enough for retirement, you may think that you have to or have been advised to work longer. Postponing retirement to 70 will allow you to accumulate more money, pay off debt and collect more money from Social Security. Those who […]
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