Retirement

Annuities for Retirement Income

Annuities for Retirement Income Why seniors choose them, and what prospective annuity holders should consider.    Imagine an income stream you cannot outlive. That sums up the appeal of an annuity. If you are interested in steady retirement income (and the potential to defer taxes), you might want to look at the potential offered by annuities. Before making the leap, however, you must understand how they work. Just what is an annuity? It is an income contract you arrange with [...]

By |2018-06-29T12:31:13-04:00June 22nd, 2018|Retirement, Savings and Investing|Comments Off on Annuities for Retirement Income

Catch Up on Retirement Saving

Catching Up on Retirement Saving If you are starting at or near 50, consider these ideas. Do you fear you are saving for retirement too late? Plan to address that anxiety with some positive financial moves. If you have little saved for retirement at age 50 (or thereabouts), there is still much you can do to generate a fund for your future and to sustain your retirement prospects. Contribute and play catch-up. This year’s standard contribution limit for an IRA [...]

By |2018-06-08T11:28:01-04:00May 17th, 2018|Retirement, Savings and Investing|Comments Off on Catch Up on Retirement Saving

A Retirement Gender Gap

A Retirement Gender Gap Why a middle-class woman may end up less ready to retire than a middle-class man.  What is the retirement outlook for the average fifty-something working woman? As a generalization, less sunny than that of a man in her age group. Most middle-class retirees get their income from three sources. An influential 2016 National Institute on Retirement Security study called them the “three-legged stool” of retirement. Social Security provides some of that income, retirement account distributions some [...]

By |2018-06-01T11:26:45-04:00May 3rd, 2018|Retirement, Savings and Investing|Comments Off on A Retirement Gender Gap

Retirement Plans for Individuals & Business

Retirement Plans for Individuals & Businesses A look at some of the choices.  Households are saving too little for the future. According to one new analysis, 41% of Gen Xers and 42% of baby boomers have yet to begin saving for retirement. In a recent financial industry survey, 35% of small business owners said they were planning to use the sale proceeds from their company for a retirement fund, an idea which comes with a flashing question mark.1,2 Do you [...]

By |2018-04-16T09:27:10-04:00April 5th, 2018|Personal Finance, Retirement, Savings and Investing|Comments Off on Retirement Plans for Individuals & Business

Is a Home an Investment?

Is a Home an Investment? From one perspective, the answer is yes; from another, no. When you buy a home, are you investing? If you buy it to flip it or buy it as a rental property, the answer is yes. If you buy a home simply to live in it, the answer may be no.  Your home is an expression of your lifestyle, a wonderful setting for your life, and a place you can enjoy in privacy and comfort. [...]

By |2017-11-03T13:34:55-04:00November 2nd, 2017|Personal Finance, Retirement, Savings and Investing|Comments Off on Is a Home an Investment?
Go to Top