Posts by Marketing

The Growing Popularity Of Annuities

Annuities are nothing new; in fact, they’ve been around since Roman times, and maybe even before that. But they’re seeing a modern-day surge in popularity, fueled by pre-retirees and retirees concerned about stock market volatility and outliving their retirement income. The fixed annuity market experienced significant growth between 2017 and 2018, with a 25 percent…

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Stock Market Roundup: What To Watch

Stock Market Roundup

Between 1926 and 2018, the S&P 500 experienced double-digit annual losses only 11 times. Not only did the market recover, but the index has never permanently lost ground in any rolling 15-year period during that timeframe. While past performance is no guarantee of future results, that bit of history is good for stock investors to…

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Why Buy An Annuity When The Market Is Up

Annuity

Perhaps you are familiar with an annuity. The basic premise is that you convert a lump sum of money into a stream of income. Unlike an investment, once you commit a fixed amount of money to the insurance company, that company is contractually obligated to provide you a minimum level of income with the option…

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Assessing your Mortgage Situation in Retirement

When it comes to retirement preparation, a common benchmark goal is having one’s mortgage paid off. This typically removes a large, ongoing payment from the budget and can reduce retirement expenses substantially. Some people even schedule their retirement just after their final payment date. Here’s an even better idea: Schedule your retirement date six months…

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Boosting Financial Literacy Is A Top Priority

Financial literacy has always been a challenge. However, now that much of the burden of retirement income has shifted to employees instead of employers, it is all the more important that we begin teaching the principles of saving and investing to people as early as possible In a recent survey, 44 percent of Americans said…

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The Happiest Retirees Have Guaranteed Income

Can money buy happiness? For retirees, survey says: Yes. Research has found that the two greatest contributing factors to a happy retirement are: (1) being surrounded by family and friends and, (2) having a substantial, guaranteed, lifelong income stream. Since the number one concern among retirees is outliving their assets, it stands to reason that…

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Retirement: Savings And Financial Health

As many baby boomers near retirement, some new facts are coming into focus. According to the latest Government Accountability Office (GAO) report on retirement security, 29 percent of households aged 55 and older have no savings set aside for retirement and no pension. If that doesn’t change, they’ll be relying solely on Social Security during…

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Retirement Planning Challenge

In 1985, only 10 percent of people aged 65 and older were either in the workforce or job hunting. Today, that share has doubled, for a couple of reasons. First, fewer 65-year-olds have enough money to retire. Second, the number of people in this demographic with a college degree has more than doubled (53 percent…

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Cost Of Medical Services And Health Insurance In The United States

The growing cost of medical services and health insurance in the United States is a problem that is not isolated to a single demographic. Many people are impacted. The latest surveys of American businesses report that health insurance and benefits are one of their greatest expenses, second only to employee payroll. Companies used to subsidize…

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Take Another Look At Life Insurance

Today, more Americans are getting their life insurance through their employer rather than purchasing a policy on the individual market, according to LIMRA, an industry market research firm. At the same time, fewer employers are offering life insurance as a benefit. LIMRA research showed 23 percent fewer employers offered life insurance in 2017 compared with…

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