She Solved Her Retirement Needs. And So Can You

Posted by on September 24, 2014 at 10:20 am

Need retirement income you can’t outlive? Have coffee with Meg. Take a video break and learn how Meg uses a single premium immediate annuity (SPIA) to alleviate concerns about outliving her retirement assets and being unable to meet monthly expenses. Retire with Confidence People are living longer than ever before, meaning  that unpredictable market performance, higher  […]

5 Retirement Planning Obstacles

Posted by on July 16, 2014 at 8:56 am

What Are the Obstacles to Successful Retirement Planning? There are a number of obstacles that you may face in planning for your retirement:  Discipline to Save  Many people find it difficult to form the habit of “paying themselves first,” by making regular deposits to a savings plan.  Saving to Spend  Money is saved for retirement […]

Odds of Surviving Critical Illness Dramatically Increase

Posted by on March 18, 2014 at 4:30 pm

With advances in medical treatment and technology, many people now survive critical illnesses that would have been fatal in the past.  As a result of this increased life expectancy senior Americans have the opportunity to watch grandkids grow into adulthood and start families of their own.  Enjoying some great grandkids is a real possibility. Some […]

An Income Annuity Solution

Posted by on February 9, 2014 at 5:13 pm

How Can an Income Annuity Protect Against the Risk of Living Too Long? The purpose of an annuity is to protect against the financial risk of living too long…the risk of outliving retirement income…by providing an income guaranteed* for life. In fact, an annuity is the ONLY financial vehicle that can systematically liquidate a sum […]

Social Security’s Restricted Benefit

Posted by on May 31, 2013 at 7:26 am

Why would anyone want to restrict their Social Security payments?  Well, it’s not the payments being restricted it is the type of application that is filed.  The restricted application is filed when, for example,  a wife wants to receive her husband’s spousal benefit instead of her own Social Security benefit.  The idea here is to allow the possibly still working wife or […]

RMDs a Danger to Retirement Plans?

Posted by on April 18, 2013 at 3:42 pm

Government regulations dictate senior’s retirement income plans.  The question; Is this government “retirement plan” the best option? If they have a traditional IRA, 401(k) and/or any other qualified retirement plan they must take Required Minimum Distributions (RMD) upon reaching age 70- 1/2.  If they do not take RMD as required the penalty is a harsh 50%.  Most seniors follow the RMD plan so […]

Roth IRA Enhancement

Posted by on March 17, 2013 at 11:10 am

The Roth IRA may be one of the most under used retirement income strategies.  Due to the deductibility of other retirement saving plans like Traditional IRAs and the 401(k); Roth IRAs are usually just an afterthought. After all who does not want to pay as little income tax as possible?  It seems a very simple […]

Top 2 Retirement Fears

Posted by on March 14, 2013 at 2:51 pm

Americans in retirement and those soon to be retirees have serious concerns. According to the Reclaiming the Future Study conducted in 2011-2012 by Allianz Life: Fear # 1 – American Retirement Crisis/Unprepared: 92% of Americans believe there is a retirement crisis and fear they are unprepared When asked “Do you believe there is a retirement crisis in […]

Horseshoe Crab to Cancer Cure?

Posted by on March 1, 2013 at 10:10 am

Horseshoe crabs have a protein that tags bacteria and tells their body to destroy it.  This led 15 year old sophomore Riley Ennis to ask this question.  “If we could take their name tag, a bit of the patients tumor mix them together and stick them back in the patient will you be able to […]

4% Rule or a Lifetime Income Annuity

Posted by on February 15, 2013 at 10:06 am

Outliving one’s assets is a major concern for today’s retirees. One common approach to address this concern has been the “4% rule,” which is a generally accepted rule of thumb in financial planning for retirement income. It says to withdraw no more than 4% of an asset in retirement annually, and then increase the withdrawn […]

Social Security: It’s Worse Than You Think

Posted by on January 7, 2013 at 10:35 am

Reveled – the government is using outdated longevity models.  This not my headline; rather a Sunday’s New York Times’ headline  from an article written by Gary King and Samir S. Soneji describing the troubling state of Social Security.  Many of points they raise are well known.  For example in 2010 Social Security spent $49 Billion more […]

New Year 2013 Retirement Obstacles

Posted by on December 28, 2012 at 7:00 pm

There are a number of obstacles that you may face in planning for your retirement: Longer Life Expectancies Longer life expectancies increase the risk of retirees outliving at least a portion of their retirement income. Those reaching age 100 are fastest growing population segment in the United States. Discipline to Save Many people find it […]

Medical Annuities Pay More

Posted by on August 1, 2012 at 2:40 pm

You are wondering what to do after your doctor explains you have a serious medical condition.  Not only is the thought of living out your remaining time, perhaps a bit impaired disturbing,  you and your spouse are wondering how to make your money last.  With the possibility of a future filled with increased medical bills […]

What would you do to live forever?

Posted by on April 13, 2012 at 5:57 pm

      Forever, now that is a long time. If you could; would you choose immortality?  What would you do in exchange for immortality?  In a poll done by YouGov an online polling organization found out that not everyone wants to go on with life forever.      Less than half of Americans 42% would […]

No Limits on Life, How Long Would You Live?

Posted by on July 10, 2011 at 2:46 pm

Imagine tomorrow at your local medical center the doctor asks you, “How long do you want to live? Just give me your desired age of death and I will conveniently make the arrangements.” This must be make-believe fantasy. Well, not so fast. Consider what the Aubrey DeGrey, SENS Foundation’s chief science officer says about this […]