Creating a retirement plan is now more critical than ever. Including an annuity as part of your overall financial strategy can help you grow and protect your retirement savings while providing income for the future. Let’s look at the different types of annuities and the benefits they can provide as you prepare for retirement.
Living comfortably as a retiree is a top priority for many workers as they save and strategize for the future. When creating a retirement income plan, you have many opportunities to build your savings and ensure you have the money you need for planned and unexpected expenses. One of these opportunities is an annuity.
Talking about financial planning can be tough, but meeting with your spouse, children, or grandchildren to discuss financial decisions can better prepare your family for the future.
In December 2022, Congress passed an end-of-year spending bill that included the SECURE Act 2.0 to help to strengthen retirement readiness and help more people financially prepare for the future. Here are some highlights to be aware of and how new regulations could affect your retirement plan.
Whether you’re newly retired or retirement is still up ahead, deciding where to live is an important decision that you’ll need to make. efore making your choice, it’s a good idea to explore how a new area may affect your lifestyle and financial well-being and whether a move makes the most sense for your retirement goals.
Before the end of the year arrives, you may want to check in on your finances, including taking steps that can help maximize your retirement savings for down the road. Creating a sound retirement plan can be instrumental in closing potential savings gaps, aligning your income and expenses, and meeting your financial goals for the future.
If you want to protect the people you love, life insurance should be an important part of your financial planning. It can provide a meaningful amount of money to your family and give you a way to leave a legacy. However, it can also do a lot more than that.
You can find advice from a variety of places and at different price points. If you’re looking for some additional help, here are some no-cost and low-cost options to consider.
In times of uncertainty and economic changes, life insurance can be a valuable component to a financial strategy. Unfortunate events can alter your financial future, but there’s a way to help protect your plans.
When it comes to retirement finances, many Americans don’t feel confident about their plans. 41% of participants in the recent Midland National survey gave themselves a ‘C’ or lower on retirement planning. Fortunately, you can boost your confidence by taking a few simple steps to ensure you are on the right path to financial security in your golden years.
Even if you’re financially prepared for life as a retiree, following good money management practices is an ongoing commitment and can be critical to maintaining your financial health throughout retirement. Here are some helpful money moves to consider after you retire
