Monday, April 17th, 2017 and is filed under Annuity News, Financial Planning Tips, Retirement Income Annuities
In our series on retirement annuities, we have previously covered the four types of annuities, fixed index annuity basics, principal protection, and one of the types of annuity crediting methods – the point to point annuity crediting method. In this article, we will discuss another crediting method called monthly point to point, which is also known as monthly sum crediting. Read More
Wednesday, March 1st, 2017 and is filed under Annuity News, Retirement Income Annuities
Though saving with a 401(K) is easy and you get a tax break, there is also something to the adage that it is possible to have too much of a good thing. Here are three good reasons to think outside the 401k box: Read More
Monday, February 13th, 2017 and is filed under Annuity News, Uncategorized
Last week Feedspot announced their Top 100 Retirement Blogs List winners, and Annuity Watch USA made the list!
Annuity Watch USA placed number 65 on the list of the Top 100 Retirement Blogs in the world. Read More
Thursday, February 2nd, 2017 and is filed under Financial Planning Tips, Uncategorized
When planning for retirement, there are ages, or birthdays, that matter more than others and can make or break your portfolio. This is because of IRS rules and penalties like contribution limits, early withdrawal penalties, and eligibility ages, just to name a few of the items among the cumbersome and extensive Title 26 of the United States Code, commonly known as the Tax Code.
The retirement planning ages that you really need to be aware of are 50, 59-1/2, 62 + one month, 65, 66 or 67, 70, and 70-1/2. If you incorporate these ages into your retirement plans, it could substantially help increase your nest egg as well as your retirement income in your golden years. Read More
Thursday, April 7th, 2016 and is filed under Annuity News
Retirement planning is a tricky thing. With so many moving pieces and parts, there’s no one solution that works for everyone. As such, many American adults are not fully confident in their financial security throughout retirement, creating a serious life stressor for millions of workers across the country. Read More
Wednesday, February 10th, 2016 and is filed under Retirement Income Annuities, Uncategorized
In preparing for retirement, especially when the end of your career seems a long way off, it’s easy to put your planning aside for another day. For many individuals, however, retirement often sneaks up faster than anticipated, and starting the planning process too late in the game can have dire consequences. Whether you’re a few years from retirement or just entering the workforce, make sure to avoid these seven retirement planning mistakes. Read More
Monday, January 11th, 2016 and is filed under Financial Planning Tips, Uncategorized
Retirement planning, while necessary, can be extremely overwhelming. With so many moving pieces and parts that make up the core of your strategy, staying on track takes a significant amount of time and attention to detail. Missing a retirement plan deadline or cutoff may not seem so significant in the present, but a few skipped contributions or enrollment periods can severely impact the success of your financial position in retirement. In order to make the most of what a new year can mean for your future, these nine retirement plan deadlines in 2016 should be at the top of your to-do list. Read More
Wednesday, December 2nd, 2015 and is filed under Annuity News, Uncategorized
Whether you’re eagerly looking forward to retirement or dreading a life without work, the end of your career is inevitable. For many people, the moment a job of many years ends is a bittersweet yet joyous occasion, but for others, this initial happiness may soon be overshadowed by regret.
Planning for retirement isn’t exactly a science, but inadequate preparation can lead to negative emotions after making the decision to retire. While it’s not possible to anticipate everything that may arise once you close your office door behind you, acknowledging these top seven retirement regrets now can help make sure that the last decades of your life will be smoother sailing. Read More
Monday, October 12th, 2015 and is filed under Annuity News, Financial Planning Tips, Retirement Income Annuities
From company profit shares to 401(k) matching, annuity purchases to IRAs for tax benefits, the prompting to think about retirement is virtually ongoing until the day you make the decision to turn off the light in your office for good. With planning and preparation, most men can expect to leave the workforce with enough to retire on, and in most cases, this isn’t far from the truth. Unfortunately, the state of wages in the U.S. leaves almost half of the workforce out in the cold: women. Read More
Friday, October 2nd, 2015 and is filed under Annuity News, Retirement Income Annuities
As millions of American move swiftly into their senior years, their focus turns to their financial condition and how to continue to live out their remaining years in relatively the same lifestyle as that to which they have previously enjoyed. This situation is compounded by the fact that, as a nation, we are living longer than earlier generations. Better healthcare and nutrition have extended most of our lives by years–if not decades. According to a study cited by USA Today in 2014, the average remaining lifespan for a U.S. citizen who was 65 years of age in 2012 is another 19.3 years. In many cases, Social Security alone will not provide enough annual income for a married senior couple to live on in the future.
One of the financial instruments that many people use to supply life-long retirement income is called an annuity. In combination with other savings vehicles, annuities help form the foundation for a well balanced, long-term financial plan. Read More