7 Things You Must Know About Claiming Social Security

7 Things You Must Know About Claiming Social Security

Social Security is a great program, but knowing when and how to claim your benefits can determine how much you collect. Here are seven potential problems you need to consider so you can maximize your Social Security income. 1: Remarrying Before Age 60 If your spouse dies, you will be entitled, in most situations, to […]

The post 7 Things You Must Know About Claiming Social Security appeared first on Annuity.com.

The Wisdom Of Planning For Possible Illness

The Wisdom Of Planning For Possible Illness

How Medicare Supplemental And Long Term Care Planning Can Make All The Difference In Your Life When people enter their Golden Years, many transitions from an employer-sponsored health plan to Medicare with confusion. The importance of adding an effective Medicare supplemental policy and also considering adding plans to cover long-term care expenses cannot be overstated. […]

The post The Wisdom Of Planning For Possible Illness appeared first on Annuity.com.

Why Conventional Financial Planning Is Failing And What You Can Do About It

Why Conventional Financial Planning Is Failing And What You Can Do About It

“With over 70% of Americans unprepared for the time when they can no longer work, it’s obvious that conventional financial planning is no longer working.” Teresa Kuhn Throughout your lifetime, you will make significant financial decisions, some of which will alter your financial future for better or worse. Rising life expectancies, inflationary monetary policies, and […]

The post Why Conventional Financial Planning Is Failing And What You Can Do About It appeared first on Annuity.com.

Wall Street’s Latest Attempt To Create An Annuity: Bond Tents

Wall Street’s Latest Attempt To Create An Annuity: Bond Tents

Beware of bond tents that are disguised to act like an annuity It never ceases to amaze me to what lengths Wall Street will go to with their products to make them pretend to be an annuity. Remember, all brokers want to do is make changes in your portfolio, for if they can, the more […]

The post Wall Street’s Latest Attempt To Create An Annuity: Bond Tents appeared first on Annuity.com.

Six Lies People Tell Themselves About Retirement Planning That Could Haunt Them Later.

Six Lies People Tell Themselves About Retirement Planning That Could Haunt Them Later.

“Sometimes it’s necessary to get real with ourselves when it comes to planning for the future, even if the truth isn’t so appealing. – Bob Layman Self-deception and denial are part and parcel of the human experience. There is a place in life for cheerful optimism and hope. However, when it comes to money and […]

The post Six Lies People Tell Themselves About Retirement Planning That Could Haunt Them Later. appeared first on Annuity.com.

Questions & Answers Regarding Probate

Questions & Answers Regarding Probate

Questions Regarding Probate Who is in charge of the probate process? The will names a personal representative who is responsible for overseeing the probate of an estate. A personal representative or executor may be a family member, friend, business associate, financial institution, or trust company. If the will designates no personal representative, the court appoints […]

The post Questions & Answers Regarding Probate appeared first on Annuity.com.

Here Is A Guaranteed Way To Become A Millionaire

Here Is A Guaranteed Way To Become A Millionaire

“Using inflation as a tool, governments can confiscate, secretly and unobserved, an important part of the wealth of their retirees.”   You can almost imagine the unrestrained joy politicians felt upon reading John Maynard Keynes’ words back in the early 1920s. Finally, they had discovered an easy way to finance the government’s wild spending sprees […]

The post Here Is A Guaranteed Way To Become A Millionaire appeared first on Annuity.com.

One Of The Best Financial Products Of Which Few People Have Heard

One Of The Best Financial Products Of Which Few People Have Heard

As more and more seniors look for ways to lower their taxes in retirement, QLACs are stepping into the spotlight. Many seniors in the early phases of their retirements don’t need to tap into their traditional retirement accounts. (IRAs/401ks). Unfortunately, they are forced to do so because of IRS Requirement Minimum Distributions (RMD) rules. When you […]

The post One Of The Best Financial Products Of Which Few People Have Heard appeared first on Annuity.com.

Common Money Myths That Keep You Confused

Common Money Myths That Keep You Confused

Are you confused and frustrated about money? As they say, “If you repeat a lie often enough, it becomes the truth.” Even in 21st Century America, you can find folks who believe that the Earth is flat, that George Washington had wooden teeth, or that a penny dropped from the top of the Empire State […]

The post Common Money Myths That Keep You Confused appeared first on Annuity.com.

To Bonds Or Not To Bonds That Is The Question

To Bonds Or Not To Bonds That Is The Question

Have bonds earned a place in your portfolio? Beginning in 2020, the Federal Reserve cut interest rates to multi-decade lows, dropping the rate on 10-year Treasuries from a robust 2% to 0.5%. This steep decline was a blow to savers, especially those who traditionally look to bonds as safety anchors for their retirement portfolios. Since […]

The post To Bonds Or Not To Bonds That Is The Question appeared first on Annuity.com.