A fiduciary standard is the higher standard and requires that the professional put the client’s interests 1st in the actions he or she takes on behalf of the client.
Women spend 14 years out of the workforce as primary caregivers with losses to defined benefit contributions, and years with no Social Security earnings.
Even if a millennial has a long way to go to retirement, an annuity can still make sense.
Do you have a 6 percent match, low fees and attractive investment options?
The problem with self-insurance is that you don’t know when you’ll need the coverage. It’s not just for seniors; many people aren’t saving enough for retirement now.
Make sure politicians know that you want help planning and saving for a better retirement.
When you accept that there’s not a one-size-fits-all withdrawal rate, you can move forward with approaches to estimating sustainable spending each year based on your portfolio’s valuation.
With the return on bonds headed downward, are annuities a good alternative for investors seeking safety?
Asking your employer to buy your retirement annuity — and negotiate a good deal — can up your annual income by nearly 20 percent.
Every time I write about annuities or other retirement planning tools that require people to turn over a chunk of their retirement savings in exchange for guaranteed income, a substantial number of readers respond vociferously, writing me things like, “Heck, no. Don’t even talk about it. We’re not interested.” So given that, I was surprised