The Baby Boomer And Retirement Income Specialist Matching Service Goes Active In Oklahoma |
April 6, 2012 |
Press Releases
The first free online matching service designed to help baby boomers find retirement income specialists in their local communities is now live throughout Oklahoma. Annuity123, the online retirement income educational portal, has opened their Annuity Harmony matching service for the benefit of all of Oklahoma’s residents who are in need of retirement income planning guidance. This innovative online matching service is aimed to link retirees with retirement income specialists whose practice is in their local area. Over 30 years ago Americans were forced by their...
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IRI Survey: Roughly 75% of Baby Boomers Attach High Importance to Tax-Deferral |
April 5, 2012 |
Retirement Planning, Your Retirement
A recent study confirmed that a vast majority place a high importance to tax-deferral in retirement planning. Roughly three out of four (74%) noted it as being important and 44% considers tax-deferral to be very important according to a study from the Insured Retirement Institute (IRI). This report was based a sample of 503 Americans between the ages of 50 and 66. Its output highlights the widely felt consequences that any potential changes to tax laws would cause. Some key statics from this report were...
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What Are The Most Tax-Friendly States for Retirees |
April 4, 2012 |
Retirement Planning, Your Retirement
When contemplating a move prior to retirement, factors such as the location of friends/family, local weather, and recreational activities seem to come to mind first. However, one must not exclude tax law when weighing pros vs. cons because they are one of the largest expenses people face in retirement. Fortunately for us all, a lot of the number crunching has already been performed and the results are highlighted in a recent article posted by Robert Powell. In it, he describes the various factors that were...
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On retirement, too many of us are fools |
April 3, 2012 |
Retirement Planning, Your Retirement
“More than half of people under 50 did not make retirement contributions last year, according to a recent report. There’s only one excuse for not contributing — and most people can’t use it.” This was the introduction to a revealing article written by Joshua Brown which highlights a concerning issue with our eagerness to plan for retirement. In it, a survey by T. Rowe Price that looks at the investing habits of Generation X and Y found that only 45% of people between 21 and...
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How to Avoid ‘Money Death’ |
April 2, 2012 |
Income For Life, Retirement Planning, Your Retirement
The fact that life expectancy for American’s is increasing has led many to have an elevated concern for being at risk to outlive their savings. A recent article by Sharon Epperson highlights this increased concern of running out of money in retirement which is referred to as “money death”. The article points out that in order to address this increasing retirement duration, conventional strategies such as putting more money into bonds and less into stocks as individuals grow older is not a complete fix. According...
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The Baby Boomer and Retirement Income Specialist Matching Service Goes Live in Louisiana |
March 30, 2012 |
Press Releases
The first free online matching service designed to help baby boomers find retirement income specialists in their local communities is now available throughout Louisiana. Annuity123, the online retirement income educational portal, has opened their Annuity Harmony matching service for the benefit of all of Louisiana’s residents who are in need of retirement income planning guidance. This innovative online matching service is aimed to link retirees with retirement income specialists whose practice is in their local area. Over 30 years ago Americans were forced by their...
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The Merits of Annuities |
March 29, 2012 |
Income For Life, Index Annuities
In a recent blog appearing on NAIFA.org and again on lifehealthpro.com, the merits of annuities have been highlighted as a reminder of their importance in effective retirement planning for all of us to keep in mind when hearing of an isolated event of abuse which often gets widespread coverage in the media. This blog written by Robert Miller is most directly aimed at the recent theft conviction of an agent in California who sold an indexed annuity to an 83 year old woman who prosecutors...
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How to Time Social Security |
March 28, 2012 |
Income For Life, Retirement Planning, Your Retirement
When is the best time to start taking Social Security benefits? The answer to this seemingly simple question often causes anxiety among retirees since knowing that a mistake can cost thousands of dollars. Unfortunately, there is no one size fits all answer. It is most often deducted from the weighting of pros and cons which are different for every individual. A recent article by Ellen Schultz provided insight into the many factors that need to be considered when making your decision. This article describes some...
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Tax Tips for Retirement Investments |
March 27, 2012 |
Retirement Planning
With the April 17th federal income tax filing deadline fast approaching, it is important that we put some thought into minimizing our tax bills through effective retirement planning. Jean Setzfand recently submitted an article in which a nationally known expert, Jordan Amin, offers guidance on what he believes are the three most important tax issues to think about concerning your retirement investments. He highlights the importance of always take advantage of 401(k) or 403(b) plans with matching contributions, to diversify investment types, and to strategically...
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12 Retirement Planning Tips for Millennials |
March 26, 2012 |
Retirement Planning
Tough economic conditions over the recent past has led many in the millennial generation to focus more on funding near term needs than on retirement planning. This generation is mostly comprised of children from Baby Boomers with birth dates ranging somewhere from the early-1980s to the late-1990s. According to a recent survey, more than half of those under the age of 30 are unemployed. This includes 14% of those who graduated from college between 2006 and 2010. A recent article posted by Paula Aven Gladych...
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