Retirement planning in your mid-50s puts you in an interesting position. You're likely earning well and your career is established, but you're also starting to see the finish line on the horizon. It's ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. It's a valid concern. Social Security was never intended to be the only ...
A recent WSJ article recommended that annuities be a default option in retirement plans. The author responds to readers’ ...
Annuities can be a solid tool for generating guaranteed income in retirement, but they’re not for everyone. Despite promises of financial peace of mind, annuities come with some big trade-offs.
An immediate annuity is an insurance product that provides guaranteed income: You give an insurer a chunk of money, and the company gives you a stream of payments that can last for life. The payments ...
The Retirement Simplification and Clarity Act aims to give workers access to annuities outside of their 401(k) plan while ...
Learn how to find the right annuity for your financial situation, risk tolerance, and retirement strategy Nick Gallo has been a financial content marketer and journalist for over six years. He has ...
Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...
With rising costs and questions surrounding the sustainability of the Social Security program, more are questioning whether to buy an annuity alongside Social Security. An annuity and Social Security ...
Retirement and uncertainty go together about as well as mustard and chocolate. Which is to say, when you have the chance to reduce the variability of your income streams in retirement, it’s worth ...
'I will be comfortable spending $250,000 annually on more than $4 million in investments' "I will also have $2.5 million expected in post-tax cash from liquidating my business interests." (Photo ...
Receiving regular pension checks throughout retirement is a dream most Americans have long given up on. There will likely be Social Security checks, but those generally can't fund a very comfortable ...