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Tag Archive: ryan allor

21st Century Retirement Planning Equals Social Security, Pensions, 401ks and Annuities

Ryan Allor

Retirement in the 1960s almost always consisted of your Social Security and your savings. About 90% of people working used this method to fund their retirement years, and most families only had one wage-earner to draw Social Security, so the decision of when to start taking it was an easy one – most of the time, when you stopped working. To keep their best talent, many companies in the 1970s offered monthly pensions to their employees upon retirement. It was at the company’s expense to...

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