People typically think of the average rate of returns when it comes to sustaining their retirement income. However, what might be more impactful is not the average return, but the order of returns.
FIAs offer the opportunity for tax-deferred growth, and many give you the option to generate guaranteed, lifetime income within the same product while protecting your premium from market volatility. In other words, FIAs can be a very good option because they have upside potential, with no risk of losing premium due to market downturns. In the middle of a bear market, you’ll want stability as well as the opportunity for potential growth.
Having a retirement drawdown strategy can be a necessity to live comfortably in your golden years without worrying about your retirement savings. Here are few suggestions on how you could approach decumulation.
There are lot of myths about annuities. With so many types to choose from, figuring what is factual and what isn’t about them can be a challenge. To help you understand how annuities work, here are 6 of the most common falsehoods about them.
Managing money can get stressful for your loved ones as they get older and their health declines. Technology changes, taxes become more complex and banking laws get updated. At a certain point, they may need your help organizing their finances.
Men and women agree that the best path to happiness in retirement is to be…