How Annuities Can Produce Ongoing Retirement Income

One of the biggest challenges with retirement is creating steady, reliable income each month for the rest of your life. There are multiple unknowns: From investment returns, the economy, to longevity and health, all can alter the amount required to live comfortably in retirement.

Choosing investments, from stocks to CDs, can carry risks ranging from account fluctuation to growth uncertainty. Choosing the right investment for your needs can be as important as putting money away in dedicated retirement accounts. Read more

How to Protect the Finances of Aging Parents

Over 40 million Baby Boomers reached the official retirement age of 65 in 2015, with over 2.5 million surpassing 70. Another 20 million Americans in their 70’s and 80’s are trying to manage independence and financial security deeper into retirement.

Today’solder generation is fortunate to live in a time of abundance and fast advancing healthcare. Seniors are living longer, and that can present new challenges with maintaining independence as long as possible. Retirees must manage their finances, healthcare, and other needs that come with aging. There comes a time when they will require the assistance of family and loved ones to keep everything in check. Read more

Trends Among Today’s Seniors

Baby Boomers have changed the world at each milestone of their lives and retirement will follow suit. Technological advances are changing the world faster and more dramatically each year. Just a few years ago retirement planning was less of a priority because pensions combined with social security ensured financial stability for the elderly.

Today, seniors can expect to live 20 years or more in retirement, and pensions are rapidly fading as a financing option. This reality has led to a dramatic shift in financial responsibility for retirement costs. New trends are adding challenges and creating opportunity for today’s seniors.  Read more

13 Tips to Understanding the Basics of Smart Investing

Investment accounts grow either from adding more money to the account or from account growth due to returns and appreciation. The more time until you need the money, the less you must personally contribute because compound growth begins to work in your favor. Read more