For people in drawdown mode, tips on asset allocation, Social Security, annuities, withdrawal rates, and more. Even retirees who are seasoned investors will tell you that transitioning from accumulating to spending from their portfolios is a challenge. The “right” withdrawal strategy seems to be a moving target. Devising an asset-allocation plan that balances safety and…

Read More

When should annuities be used? Gregory discusses the pros and cons of annuities in this video. If you would like to submit a question that may be featured on the Wednesday Q&A, use the form below! We’re Here to Help Have questions about this week’s content, or need help with your financial plan? We’re here to help! Simply…

Read More

Not all annuities are alike, and some may not be appropriate for you. How much do you know about these investment products? Annuities aren’t new. The annuity concept dates back to early Rome, when citizens would make a lump-sum payment to a contract called an annua in exchange for income payments received once a year for…

Read More

Yes, annuities provide valuable tax-deferred growth. But for more than any other reason, annuities are valuable because of their guarantees. In an annuity, the insurer makes certain contractual guarantees that are not available in a traditional investment product. There are two things you need to know if you’re an annuity owner or considering a purchase…

Read More

Illustration by Eva Bee As the stock market tanked, rebounded sharply, and then settled into a pattern of volatility, the vulnerability of Americans’ retirement savings has been laid bare. Many investors who dumped stocks during the March market meltdown are still sitting on the sidelines with diminished portfolios. Low yields, meanwhile, make it impossible to…

Read More

The deadline to contribute to IRAs and HSAs is Tax Day. mixetto/Getty Personal Finance Insider writes about products, strategies, and tips to help you make smart decisions with your money. We may receive a small commission from our partners, like American Express, but our reporting and recommendations are always independent and objective. The federal tax deadline is July…

Read More

Positive steps we can all take to protect our financial wellness during this season of uncertainty  GETTY As the global coronavirus pandemic continues to unfold, there are some non-investing matters we should consider in order to protect our families and financial well-being. Here are ten ideas to think about: Durable and Heath Care Powers of…

Read More

Many people are sold a variable annuity with the understanding they will receive a lifetime income stream, which sounds like a good idea when planning for retirement. The truth is there usually is a big price to pay when it comes to variable annuities. The biggest drawbacks include the fees and the potential to lose value…

Read More