Retiring on the Edge of the Fiscal Cliff |
November 14, 2012 |
Retirement Planning, The Global Economy, Your Retirement
Given our country’s massive debt and the impending decisions in Congress which could affect our taxes going forward, an article from Robert Powell with the above title caught my eye. In it, he gives some valuable advice for how to prepare for uncertainty in our future tax rates. Please click here to read his article. Given the uncertainly with our upcoming taxes and our overall economy, just be sure to take advantage of annuities for a portion of your assets to ensure that you have...
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American’s Shift Away from Pension Plans May Have Unintended Consequences |
November 12, 2012 |
Retirement Planning, Your Retirement
As our society continues to move away from pension plans to defined contribution plans such as 401ks, 403bs, etc., an entire generation could be faced with not having built enough assets to fund their retirement years. A great article by Steve Vernon was recently published on this topic – click here. In it, he describes the need for our current and future workers to push corporations to revisit defined benefit plans to attract and maintain the employees. Given that an immediate change is unlikely, it...
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Survey Results: Retirement Planning on the Radar, but Action is Lagging |
October 9, 2012 |
Retirement Planning, Your Retirement
A recent survey reveals that more employees are inquiring about retirement planning topics, but these inquiries are not leading to directive action in many cases leaving many individuals at risk of missing out on their ideal retirement lifestyle. Financial Finesse, an independent educational company that counsels employees at more than 400 organizations about financial matters, posted their findings in a report titled “State of U.S. Employee Retirement Preparedness”. This report reveals good news given the increased inquires that individuals have made over the past year...
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Survey Results: Annuity Owners Have Highest Retirement Confidence |
September 4, 2012 |
Retirement Planning, Your Retirement
Clear evidence of increased confidence in the retirement health of annuity owners was revealed in a recent survey. The survey, which was conducted by the Insured Retirement Institute (IRI), focused on Americans aged 50 to 66. Their findings show that 53% of baby boomers who own an annuity are extremely or very confident that they will have enough money for retirement compared to 31% who do not own an annuity. Further, their report shows that annuity owners are more likely to engage in positive retirement...
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