What is long-term care Insurance?
Powered by Max Banner Ads (Note: This information was written by the National Clearinghouse for Long-Term Care Information – www.longtermcare.gov. This website was developed by the U.S. Department of Health and Human Services to help you and your family plan for future long-term care (LTC) needs. The web site provides extensive information about long term care [...]
Annuities Fit The Three Legged Stool Model
The retirement guarantees provided by annuities are more important to investors than ever. There is a trend that many babyboomers are now using. Annuities for preretirement individuals and those retiring with a lump sum distribution to help balance their’ risk tolerance or provide security.
Historically, retirement planning was based on a three-legged stool model approach. So [...]
Retirement Annuities Or Work
Workers born before 1939 generally set 65 as their expected retirement age. With the rise in Social Security rules to receive full benefits, workers younger than that generally are considering 67 as their retirement age. The poor economy or changes in their employment situations are the reasons most often cited for planning to work longer.
The [...]
Your Home – A Retirement ATM
Most people – experts included – don’t have clear concept of the cost of retirement. Everybody is underestimating a number of things including longevity and the cost of living longer. Of all the assumptions made in financial planning (inflation, rate of return, tax brackets, etc.), your life expectancy is probably one of the biggest of [...]
De-Risking Investments With Annuities
There is no problem with the approach of building one’s own investment nest. We all know that there is a growing need in this country to take our retirements into our own hands if we want the funds necessary to have any quality of life upon retirement.
Personal pension plans (annuities) are among the most highly recommended [...]