RETIREMENTREAD TIME: 5 MIN SPLIT ANNUITY STRATEGY When financial markets turn volatile, some investors show their frustration by fleeing the markets in search of alternatives that are designed to offer stability. For example, in the first quarter of 2020, the S&P...
For many people, retirement income may come from a variety of sources. Here’s a quick review of the six main sources: SOCIAL SECURITY Social Security is the government-administered retirement income program. Workers become eligible after paying Social Security taxes...
Most children stop being “and-a-half” somewhere around age 12. Kids add “and-a-half“ to make sure everyone knows they’re closer to the next age than the last. When you are older, “and-a-half” birthdays start making a comeback. In fact, starting at age 50, several...
In a recent survey, 68% of current workers stated they plan to work for pay after retiring.1 And that possibility raises an interesting question: how will working affect Social Security benefits? The answer to that question requires an understanding of three key...
Despite not being as well known as some other retirement tools, annuities account for 7% of all assets earmarked for retirement. With about $2.5 trillion in assets, annuities hold more funds than Roth IRAs.1 An annuity is a contract with an insurance company. In...
Forty-four percent of American women are the primary breadwinner in their house.1 Yet only 10% of women feel very confident in their ability to fully retire with a comfortable lifestyle.2 Although more women are providing for their families, when it comes to preparing...
