Best Ways to Invest While Retired You may think that once you are retired, your time for investing is over. However, retirement is just another step along the financial journey, and there still needs to be a focus on maximizing your money to last throughout your life. To invest while you are retired, it helps […]
Reasons Why Indexed Annuities are Great for Retirement! Retirement investment planning is never simple, with options such as IRAs, 401Ks, and annuities all available. Among the concerns are maximizing your retirement savings while still ensuring that your money will last you throughout your life. To meet those two goals and properly manage risks, the best […]
4% Retirement Rule – Why Annuities Are Better You may have heard of the 4 Percent Retirement Rule, which told retirees it was safe to withdraw 4% of their portfolio each year due to the market returning an average of 7% per year on their investment accounts. This rule is used by the majority of […]
So what is an annuity? An annuity, in the most basic of terms, is an agreement you make with an insurer to make a payment or multiple payments to them in exchange for a certain amount of income for a set period of time. They allow the annuitant, or person buying the annuity, the security […]
Once you reach the second part of your annuity, called the distribution phase, new questions will arise. Annuitants want to know how and when annuities will pay them and what percentage, if any, will go to taxes while they are saving and inevitably withdrawing. Luckily, the options and variables involved in these concerns are straightforward […]
When planning for retirement, the options given to you can be overwhelming. The variety of investment types built for retirement can be complicated and deciding on the one or choosing more than one can be difficult to tackle. Often, a combination of different retirement investments will be the most effective for your nest egg. Annuities […]
Type of Annuities The different types of annuities can be overwhelming to a first timer, but when explored separately, one can learn that they are much easier to understand than they seem. Regardless of type, all annuities summates to being an insurance contract that guarantees you an income and in many instances, it will be […]
