Learn and plan

How divorce can affect your financial plan

Going through a divorce or a separation after a long-term relationship can be one of the most emotionally taxing experiences in a person’s life.

Financially plan for your retirement income

As you approach your golden years, it’s important to consider your retirement income planning to make sure you have the money you need to enjoy them.

4 ways the pandemic has changed financial planning

To learn more about the changing landscape, Midland National recently surveyed hundreds of individuals about how COVID-19 has impacted their finances. Nearly half of the respondents agreed that the pandemic has influenced the way they manage money and how they save for retirement.

Ways to help keep financially focused during the pandemic

Whether or not you’ve been affected by COVID-19, it’s important to have a focused plan for your finances. Today’s uncertainty could very well impact your life and your financial security. Here are some ways to help effectively manage your finances during the pandemic.

Midland National annuity myth busting: answering your annuity questions

Annuities are often misunderstood. Many people may find them difficult to understand and navigate these insurance products due to misinformation, rumors, and myths. As a result, many individuals are put off from the idea of purchasing an annuity.

What are RMDs and how do they affect you?

Tax deferrals that most IRAs, retirement and profit-sharing plans are afforded don’t last forever. Whether you’re ready for retirement income or not, IRS rules require that you start drawing down your savings from certain types of accounts when you reach a certain age.

How FIAs are equipped to face a bear market

FIAs offer the opportunity for tax-deferred growth, and many give you the option to generate guaranteed, lifetime income within the same product while protecting your premium from market volatility.

Fixed index annuities and sequence of returns

When it comes to sustaining retirement income, people often place importance on the average rate of return. However, what might be more impactful is not the average return, but the order of returns.