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
Here’s some more retirement planning advice for people who are more concerned about safety than returns. If you have a fixed-rate annuity with a guaranteed minimum floor of 3 percent, don’t be in a hurry to surrender it, advises Investment News, a publication written for investment advisers. Six or seven years ago, that was a