Retirement Income / Annuities

  • What Will My Savings Cover In Retirement?
    What Will My Savings Cover In Retirement?

    Clients should plan on savings providing 45% of pretax, preretirement income

    Have you ever found yourself lost when visiting a new place? Then you know how hard it can be to find something when you don't know where you are going. The same applies to saving for retirement—until you know the goal, it is hard to figure out if you are on the right path.
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  • The Money Mood Is Down
    The Money Mood Is Down

    82% of Americans are nervous they will be impacted by a recession in the next year

    With news of the yield curve inversion and the presence of additional economic indicators, many experts are warning consumers of a pending recession expected to hit before the 2020 elections.
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  • Variable Annuities Record Best Quarterly Sales Results in Three Years
    Variable Annuities Record Best Quarterly Sales Results in Three Years

    RILA products surge on guaranteed-lifetime-benefit feature

    Variable annuity (VA) sales were $26.5 billion in third quarter 2019, 6% higher than third quarter 2018, according to the Secure Retirement Institute (formerly LIMRA SRI) Third Quarter U.S. Annuity Sales Survey. This represents the highest quarterly VA sales results in three years (since third quarter 2016).
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  • Employees Stressed Over Possibility Of 401(k) Loan Defaults
    Employees Stressed Over Possibility Of 401(k) Loan Defaults

    Loan leakage now seen as a critical retirement readiness, financial wellness, and fiduciary challenge

    While employees appreciate being able to take 401(k) loans in case of financial emergency—20 percent of all 401(k) participants currently have loans outstanding—the possibility of not being able to repay those loans is stressing employees out, according to a new independent study released today by Custodia Financial...
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  • The Rise Of The Un-Retirees…
    The Rise Of The Un-Retirees…

    Majority of Americans Plan to Continue Working in Retirement

    Employees age 65 and older currently make up the fastest-growing segment of the American workforce. In fact, according to a new survey conducted by The Harris Poll on behalf of TD Ameritrade, the majority of Americans age 40 and older plan to continue working in a paid position after retiring.
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  • Nineteen Facts That Illuminate Women’s Retirement Risks
    Nineteen Facts That Illuminate Women’s Retirement Risks

    New study outlines vulnerabilities and opportunities for women to improve their retirement outlook

    Only 12 percent of women workers are "very" confident that they will be able to fully retire with a comfortable lifestyle, according to 19 Facts About Women's Retirement Outlook, a new study released today by nonprofit Transamerica Center for Retirement Studies® (TCRS).
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  • Equity Plan Participants Average Nearly $100,000 in Vested Stock; Less Than Half Have Ever Sold or Exercised Their Shares
    Equity Plan Participants Average Nearly $100,000 in Vested Stock; Less Than Half Have Ever Sold or Exercised Their Shares

    Schwab Study: It's worth considering the value of equity compensation in the context of your overall financial picture

    According to new research from Schwab Stock Plan Services, the average vested value of U.S. workers’ equity compensation is $97,711 and the average total value of their equity compensation is $149,835.
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  • Americans Woefully Unprepared for the Cost and Burden of Alzheimer’s and Caregiving
    Americans Woefully Unprepared for the Cost and Burden of Alzheimer’s and Caregiving

    Study: There are hurdles at every stage of life

    Results from a Women's Alzheimer's Movement and Caring Across Generations poll released today reveal the widespread impact of insufficient support for a nation laboring under the high financial and emotional cost and burden of caregiving.
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  • Charles Schwab: Hong Kong Rising Affluent Need a Modern Approach to Financial Planning to Achieve Their Goals
    Charles Schwab: Hong Kong Rising Affluent Need a Modern Approach to Financial Planning to Achieve Their Goals

    Affluent financial well-being index finds only 3% have a modern financial plan

    Charles Schwab, Hong Kong, Ltd. (Charles Schwab Hong Kong) today announced the findings from its first Hong Kong Rising Affluent Financial Well-being Index. The study revealed the strong pressure that the rising affluent in Hong Kong are facing to support themselves and their family, as well as the need to have a comprehensive understanding of…
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  • Why Is Financial Literacy So Important?
    Why Is Financial Literacy So Important?

    Consumers have to manage increasingly complex financial issues

    Financial literacy: Possessing the knowledge and skills to make informed and effective decisions about money and financial goals. Today’s consumers have to manage increasingly complex financial issues. From student loans, credit card and other debt, and managing increased healthcare costs, to retirement savings and addressing the financial risks in retirement, there are more financial balls in…
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  • Asset Allocation in 401(k) Plans Found to Often Change Significantly When Rolled Over to IRAs
    Asset Allocation in 401(k) Plans Found to Often Change Significantly When Rolled Over to IRAs

    Despite considerable educational effort, participants are often 'lost' once assets are moved

    A new EBRI study suggests the asset allocation found in individual retirement accounts (IRAs) is often inconsistent with the asset allocation found in the 401(k) plans prior to rolling funds over into IRAs. The Issue Brief, “Comparing Asset Allocation Before and After a Rollover From 401(k) Plans to Individual Retirement Accounts,” finds that despite the…
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  • The November Syndrome 2019… R U Ready?
    The November Syndrome 2019… R U Ready?

    Amid the tumult of trade-wars, impeachment and the interest-rate bouncing ball... the market hits an all time high

    by Steve Selengut

    Every fall, especially in volatile markets, like we've been experiencing recently, I encourage investors to think about some year-end strategies that can make the final calendar quarter a special time for all of us.
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  • American Academy of Actuaries Recognizes Members’ Service to the Public and Profession
    American Academy of Actuaries Recognizes Members’ Service to the Public and Profession

    Group hosts its annual Public Policy Forum in Washington

    The American Academy of Actuaries recognized several of its most dedicated members for their service to the public, the U.S. actuarial profession, and the Academy with awards presented at its Annual Meeting and Public Policy Forum on Nov. 5-6 in Washington, D.C.
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