Retirement Income / Annuities

  • Most Americans Don’t Have a Financial Plan, and Many Think Their Wealth Doesn’t Deserve One
    Most Americans Don’t Have a Financial Plan, and Many Think Their Wealth Doesn’t Deserve One

    Planners Demonstrate Better Money and Investing Habits

    New research from Charles Schwab shows that three in five Americans live paycheck to paycheck and that only one in four have a written financial plan, but those who do exhibit positive investing and saving behavior.
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  • Consumer Thirst for Liquidity Drives Account Growth and Creative Approaches to Real Estate
    Consumer Thirst for Liquidity Drives Account Growth and Creative Approaches to Real Estate

    Consumer Financial Diversity Requires Broader Solutions and Enhanced Advice and Guidance

    Retail investor thirst for liquidity is driving increases of certain account types as consumers weigh tradeoffs between tax-deferred investments versus readily accessible funds in a new report by Hearts & Wallets, the source for retail investor data and insights.
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  • The Hidden Costs Of Caregiving
    The Hidden Costs Of Caregiving

    Majority Providing Unpaid Care to Aging Family Member Struggle to Maintain Their Emotional and Financial Well-Being

    With America’s elderly population expected to double in the coming decades, the demand for caregiving services will be higher than ever before. According to the National Association of Insurance Commissioners, 15 million Americans are expected to have a high long-term care need by 2050.
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  • IRI Urges Bipartisan, Common Sense Measures In Letter To U.S. House
    IRI Urges Bipartisan, Common Sense Measures In Letter To U.S. House

    Americans Want, Need Access to Lifetime Income Retirement Products

    The Insured Retirement Institute (IRI) expressed its support for the enactment of several common-sense, bipartisan measures included in its 2018 Retirement Security Blueprint and considered during a hearing the Subcommittee held earlier today to examine proposals to simplify and modernize retirement plan administration.
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  • From Conversations to Care
    From Conversations to Care

    New Survey Shows People Who Express End-of-Life Care Wishes More Likely to Receive Care They Want

    Massachusetts Coalition for Serious Illness Care (The Coalition) shared the results of the first ever survey to track change over time on improving end-of-life care in Massachusetts. The survey, a representative sample of 1,500 Massachusetts adults, found that compared to 2016, significantly more Massachusetts residents reported that care for a dying loved very much honored…
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  • Caregiving & Coverage: Perceptions and Opinions On Today’s Long Term Care
    Caregiving & Coverage: Perceptions and Opinions On Today’s Long Term Care

    How one caregiver uses her own personal experience to help develop insurance solution

    Kim Anderson’s mother has been struggling with Alzheimer’s disease for five years and has lost her ability to walk, stand, feed herself and speak. When the emotional and financial burden of being the primary caregiver became too high for Kim—a married, full-time working mother—her family moved her mother into a skilled memory care facility near…
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  • Fewer Americans Are Delaying Major Life Events Because of Money Worries
    Fewer Americans Are Delaying Major Life Events Because of Money Worries

    As economy recovers, many are taking their lives off hold

    The recent recession caused Americans to face some hard economic realities. As the economy continues to recover, more Americans are taking their lives off hold as fewer are being forced to delay going to college, getting married or having kids because of financial concerns.
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  • Majority of Consumers in Asia Regret Not Starting to Save Earlier for Retirement
    Majority of Consumers in Asia Regret Not Starting to Save Earlier for Retirement

    New study by LIMRA Secure Retirement Institute and Society of Actuaries reveals gap in retirement funds and significant interest in annuities

    According to a new study by LIMRA Secure Retirement Institute (LIMRA SRI) and the Society of Actuaries (SOA), on average, consumers in Asia begin to start to save for retirement at age 40. The survey found the majority (54 percent) regret not starting to save earlier and less than half believe their savings will last…
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  • Social Security Tips for Singles
    Social Security Tips for Singles

    Unmarried clients? There are strategies to help maximize lifetime benefits

    Figuring out when and how to take Social Security can be a complicated decision, even if you are single. Here are some strategies to consider to help make the most of your Social Security benefits if you're widowed, divorced, or have never married.
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  • Reconnecting Family Connections
    Reconnecting Family Connections

    Analysts weigh in on older adults moving close to their grown children

    As families become more mobile, often spread across the country, isolation and loneliness among older adults has become a key concern
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  • Conversations About Elder Needs Aren’t Happening
    Conversations About Elder Needs Aren’t Happening

    For fifty-seven percent... it's a low priority, even among those 80+; A third have never discussed it with family

    Embarking on the seemingly “golden years” of life, older Americans have identified a pain point — talking about potential challenges or needs as they age.
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  • Americans’ Confidence in Their Ability to Pay for Health Care Is Falling
    Americans’ Confidence in Their Ability to Pay for Health Care Is Falling

    One-quarter of adults say health care has become harder to afford, new survey finds; Only about half of Americans would have money to pay for an unexpected medical bill

    President Trump is expected to soon address the nation about the rising cost of prescription drugs. But Americans are worried about more than drug prices. New findings from the Commonwealth Fund Affordable Care Act Tracking Survey show that consumers’ confidence in their ability to afford all their needed health care continues to decline.
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  • Generation X Feels Squeezed in Retirement Planning
    Generation X Feels Squeezed in Retirement Planning

    Franklin Templeton survey finds over half of generation X in Canada and the US would consider retiring later than planned

    Franklin Templeton Investments Canada today released its 2018 Retirement Income Strategies and Expectations (RISE) survey, which found that the often overlooked generation X is struggling to save for retirement.
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