It is important to understand certain products being discussed in the news as it relates to proposed changes with your qualified 401K funds. The changes are being reported as coming about due to the great numbers of retirees who are outliving their savings. That is one of the reasons why a Fixed Annuity is so important. “In a fixed annuity, the insurance company guarantees the principal and a minimum rate of interest”. In essence, this income to you continues so long as you are alive. Hence, the question being asked before you purchase one is “Do you want an income

Will your monthly income plan provide you with the money you need? “Retiring comfortably is a goal shared by most. Annuities can provide guaranteed income every month with growth potential.” This week we thought to share with you a quick quiz that may help you find out if annuities are right for your retirement goals. Take a look and then call us, we’re always here to help. Click Here to Read Full Article

This week’s article illustrates what the author calls “one of the biggest threats to your retirement – – your kids.” He tells us that the percentage of 25 to 35 year olds living at home is ”almost double the share of today’s older retirees who were in the same situation years ago.” Financial help and assistance provided by Seniors to their aging offspring can quickly diminish their ability to save enough for retirement. The article reviews the numbers gathered in a survey– including a finding that “nearly 80% of parents give some financial support to their adult children – to

Commentary: I read about a study I thought might interest you. “This report examines the retirement readiness of people who are in physically demanding jobs. Due to the strenuous nature of their work, these workers are at risk of aging out of their occupation before they are financially or mentally ready for retirement. The report offers recommendations to help this unique segment of the workforce.” Call us if you fall in this category. We may know of some choices to help you become more financially ready for your retirement. We’re always here to help. Click Here to Read Full Article