Retirement Income / Annuities

  • Having The Philanthropy Conversation
    Having The Philanthropy Conversation

    Positive Trends in the Prevalence and Quality of Philanthropic Discussions Between Advisors and Clients

    Discussions between advisors and high net worth (HNW) clients about philanthropy are on the rise, finds the U.S. Trust Study of the Philanthropic Conversation, as clients report advisors to be a valuable source of information, second only to their spouse or partner.
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  • The New Gilded Age of Income Inequality
    The New Gilded Age of Income Inequality

    It's not just a story about those on Wall Street, in Hollywood, or in the Silicon Valley

    In 2016, the Center on Budget and Policy Priorities and the Economic Policy Institute released an update (McNichol 2016) to their series Pulling Apart (McNichol et al. 2012), a report focusing on the gap in earnings between the top 5 percent of households and the bottom fifth of households in the United States and each…
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  • Cumulative Out-of-Pocket Health Care Expenses After Age 70
    Cumulative Out-of-Pocket Health Care Expenses After Age 70

    Retirement, healthcare and the ever-growing longevity curve

    by Sudipto Banerjee

    One of the biggest risks American retirees face is the cost of their health care. Health care expenses generally increase with age, but how much any individual will spend on health care during his or her retirement years depends on a number of uncertain factors, such as life span, health status, and medical inflation.
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  • Americans Without Life Insurance Not Taking Action to Reduce Financial Risks
    Americans Without Life Insurance Not Taking Action to Reduce Financial Risks

    Income shortfalls in retirement the biggest concern

    New research announced by American International Group, Inc. (NYSE: AIG) reveals that consumers who do not have life insurance feel less prepared financially for the illness or death of self or a loved one than people with life insurance.
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  • Retirement Savings on Summer Break?
    Retirement Savings on Summer Break?

    How consumers are prioritizing saving during the 'spending season'

    Research Finds Over Half of Plan Participants Have Three or More Savings Goals Competing with Retirement

    The summer months bring increased expenses for big ticket items like vacations, home improvements and weddings—all of which are competing for consumers’ share of wallet, according to Lincoln Financial Group’s (NYSE:LNC) 2017 Retirement Power® Participant Study.
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  • Retirement, Longevity & Aging In Place
    Retirement, Longevity & Aging In Place

    How to grow old in your own home

    When Marguerite Sullivan's spouse passed away, the 78-year-old had no interest in moving. She’s healthy, has many friends, and her 2 sons live nearby. Plus, she’s a confident driver and gets herself to doctor’s appointments and the grocery store.
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  • Bullish Sentiment Bucked Back from Two-Year Low
    Bullish Sentiment Bucked Back from Two-Year Low

    Despite a growing trade war, investors believe market performance will end the quarter in positive territory

    E*TRADE Financial Corporation (NASDAQ: ETFC) today announced results from the most recent wave of StreetWise, the E*TRADE quarterly tracking study of experienced investors. Results indicate an increase in positive investor sentiment since last quarter
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  • Three Ways to Manage Retirement Withdrawals
    Three Ways to Manage Retirement Withdrawals

    Why your clients should learn tax-efficient ways draw down

    Chances are you contributed to a 401(k) or IRA as you saved for retirement. Now the time has come to use that money. Withdrawing from retirement savings accounts with an eye toward reducing taxes is important. Taxes can reduce income, and diminish potential future earnings and growth, which affects how long savings may last.
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  • Consumers in Asia More Confident in Retirement Prospects Than Their U.S. Counterparts
    Consumers in Asia More Confident in Retirement Prospects Than Their U.S. Counterparts

    LIMRA: Though they start saving later, Asians expect to retire at 60

    LIMRA Secure Retirement Institute (LIMRA SRI) recently compared consumers’ retirement readiness in Asia and the U.S. and discovered some differences.
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  • Wealth, Health & The Priority of Saving
    Wealth, Health & The Priority of Saving

    Importance of Health as a Driver of Retirement Savings

    Encouraging working Americans to save more for retirement is a priority for governmental health agencies, employers, 401(k) plan administrators, and financial advisors. Despite attempts to motivate individuals to increase savings, contributions to 401(k) plans as a percentage of income have barely moved over the last two decades, underscoring the need for new approaches to encourage…
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  • Income Investing Fantasyland
    Income Investing Fantasyland

    Much as I love high quality dividend producing equities, they are just not the answer for retirement income "readiness"

    by Steve Selengut

    Several years ago, while fielding questions at an AAII (American Association of Individual Investors) meeting in Northeast NJ, a comparison was made between a professionally directed "Market Cycle Investment Management" (MCIM) portfolio and any of several "High Dividend Select" equity ETFs.
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  • Tuition Tightrope: More Risk, Less Reward?
    Tuition Tightrope: More Risk, Less Reward?

    College Students Taking on More Financial Responsibility While Lacking Confidence in Value of Education

    As thousands of college students finalize their financial aid plans for the coming year, a new nationwide survey commissioned by Ascent Student Loans has found that while the financial responsibility on students is greater than they expected, they don't believe the value of a college education is keeping pace with the increasing price tag.
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  • Total Investment in Venture-backed Companies Reached $57 Billion in the First Half of 2018
    Total Investment in Venture-backed Companies Reached $57 Billion in the First Half of 2018

    Sustained Momentum in Venture Fundraising Continued to Fuel Strong Dealmaking Across All Stages in 2018

    Investment in 3,912 venture-backed companies reached $57.5 billion invested across 3,997 deals in the first half of 2018, according to the PitchBook-NVCA Venture Monitor, the authoritative quarterly report on venture capital activity in the entrepreneurial ecosystem jointly produced by PitchBook and the National Venture Capital Association (NVCA).
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