Why You Might Need The Insurance Company |
February 4, 2013 |
Greg Marchand, Income For Life, Member Posts, Retirement Planning
Written by: Greg Marchand of Marchand Financial Services, Inc I don’t know if I agree with Jack Nicholson. I think you can handle the truth, I just don’t think you can handle the risk. We should all understand what the goal is. For me and my clients, the goal tends to be, having adequate income when they quit working. To sustain the type of lifestyle they desire. I find that, if we are too anxious about reaching that objective we may be willing to believe...
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Survey Results: Advisors Look to Tax-Deferred Products to Offset Risk of Fiscal Cliff |
December 13, 2012 |
Retirement Planning, The United States Economy
A new survey by Jefferson National reveals that 8 in 10 fee-based advisors say that a offering tax-deferred growth would benefit clients as Congress considers higher taxes. Warren Hersch posted a summary of the report (linked here) that highlights some interesting findings from the survey. For instance, 75% of registered investment advisors (RIAs) report that their clients are anxious about the impact of the ominous fiscal cliff. Their clients’ primary concern is the likelihood of rising taxes. Also, a majority of RIAs report that their...
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Protecting Against the Federal Stimulus |
December 7, 2012 |
Cal Burgess, Member Posts, Retirement Planning, The United States Economy
Written By: Cal Burgess | Retirement Servicing Group My predictions in May of this year were correct when I said that the federal stimulus would continue and volatility would be the norm. In September of this year the Federal Reserve announced Quantitative Easement III (QEIII), which was designed to keep pace with Mario Draghi and the ongoing Euro crisis; promising continuous monthly injections of $85 trillion in order to protect our nation from an economic collapse. There is no way to know how long this...
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The Looming Fiscal Cliff |
November 29, 2012 |
Cathy DeWitt Dunn, Index Annuities, Member Posts, Retirement Planning, The United States Economy
Written By: Cathy DeWitt Dunn | President of Annuity Watch USA The Looming Fiscal Cliff – What can you do to protect your retirement nest egg? The financial world is buzzing about the looming “fiscal cliff.” The term, in-and-of-itself, strikes fear into the hearts of many Americans. What is the “fiscal cliff” and what can you do to protect your retirement nest egg? The “fiscal cliff” describes the precarious situation that the United States government will find itself in after December 31, 2012 – the...
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Study Results: Pre-Retirees Feel Less Prepared for Retirement |
November 27, 2012 |
Retirement Planning, Your Retirement
A recent LIMRA study revealed that only one in four pre-retirees (aged 55-70 still in the workforce) claim that they feel “very prepared” for retirement. This rate is five percentage points lower than what was reported in a similar 2010 survey. In addition, a majority of these pre-retirees say that they will need to withdraw nine percent of their assets each year to cover basic living and discretionary expenses. Given the lackluster economy and low interest rates, this high withdrawal rate will put many at...
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Personal Fiscal Cliff Protection |
November 26, 2012 |
Income For Life, Retirement Planning, The United States Economy, Your Retirement
As the media outlets have recently been highlighting, Congress is on the hook to work together in forming a plan to keep our country from going over the fiscal cliff… this fiscal cliff is referring to the impact of current laws which could result in sizeable tax increases and spending cuts if left unchanged. An equally important fiscal cliff that has unfortunately not been getting as much publicity is the potential personal fiscal cliff that retirees without a pension plan or any other guaranteed lifetime...
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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: Most Workers Rate Workplace Retirement Plan as High Priority |
November 5, 2012 |
Retirement Planning
A majority of workers rate access to a workplace retirement plan and life insurance as either important or extremely important when measuring occupational benefits. In the survey titled “The Changing Face or Retirement – The Workplace Perspective,” 70% of the 9,000 respondents ranked a company’s retirement plan with employer contributions as either important of extremely important. Also, 52% percent of the respondents identified life insurance as an important or extremely important among workplace benefits. The noted survey was published by The Transamerica Center for Retirement...
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“Savior Retirement” is Now Available for the Benefit of Baby Boomers Across America |
October 24, 2012 |
Annuity Basics, Press Releases, Retirement Planning
Savior Retirement blows the whistle on one of America’s best kept retirement secrets. This book walks the reader through the history of pension and retirement plans, through their evolution into the 401(k)’s, IRA’s, ESOP’s, etc. that we know today, and spotlights the next stage in retirement income. The definition of “savior” is one who saves, preserves, or delivers from destruction or danger. This informative book can certainly live up to its name for many baby boomers who may not feel 100% comfortable and confident in...
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