When you retire, you have a lot to look forward to, from traveling, pursuing your favorite hobbies, and spending time with your family. While looking toward the future, it’s important to remember what you may need to do before you enjoy your golden years.
Retirement income planning is more critical than ever to help ensure you have what you need to meet your financial needs in the future. A fixed index annuity is one solution that can create guaranteed lifetime income that you can count on throughout your retirement.
With only one in five women feeling financially healthy versus 29% of men, it’s time more women felt financially empowered. Here are five steps to improve your financial health and better prepare for your future.
If you’re like many people in their working years, you may regularly contribute to your retirement accounts to build your savings for the future. An important thing to remember is that once you reach a certain age, you will be required to start taking withdrawals (also known as required minimum distributions, or RMDs) from certain accounts and pay income taxes.
Creating a financial plan that provides the income you can count on in retirement is becoming increasingly important. Including an annuity as part of your overall financial strategy can help you grow and protect your retirement savings while providing income for the future. Here’s a breakdown of the different types of annuities and determine which one may be right for you.
How can you help minimize any damage from a bear market? One answer is to consider a fixed indexed annuity (FIA), a product made for times like these. 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.
With life spans growing longer, having enough savings to last throughout retirement is becoming a top priority for many Americans. As you explore different solutions and prepare to meet with a financial professional, here are eight questions on annuities that you could ask to help determine how they may help you achieve your goals.
Many of us are feeling the effects of the COVID-19 global pandemic, especially when it comes to managing our finances. We recently surveyed hundreds of consumers about how COVID-19 has impacted their money. Nearly half of the respondents agreed that the pandemic has influenced the way they handle their finances and how they save for the future.
There are a 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 six of the most common misnomers about them.
The uncertainty of the current pandemic could impact your life and your financial security. In order to keep your finances in order, it’s important to have a focused plan. Here are seven strategies to help you manage your finances effectively in the crisis.
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.
