Share List Just like all annuities a Fixed Index Annuity is a contract between you and an insurance company. This type of annuity allows for interest credit’s based off of an external index, like the S&P 500, DJIA (Dow Jones), Nasdaq 100 and many other options are now available. Although your interest credit’s are based…
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Share List There are ton’s of popular searches on the internet that surround search terms like, buying an annuity or how to buy an annuity. Clearly there’s a great need for consumer’s to get the know-how’s as to buy such a product. Let’s first address a few common reason’s why people buy annuities. 1) Safety.…
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Share List When we think about retirement income, certain sources of income come to mind. Social Security, pension (if your lucky), IRA distributions, 401k distributions, rental property etc. The problems with all of these sources, with the exception of Social Security and possibly your pension, your income has no guarantee that you won’t outlive it.…
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Share List The economy has grown, in large part, because consumers are spending more money. It remains to be seen whether that trend will continue as more of the massive baby boomer generation approaches retirement. Even before people retire, many tend to slow down their spending habits. Part of this is lifestyle driven; by age…
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Share List The average life expectancy of a baby born in the U.S. today is 80 years. However, this prediction assumes prevailing patterns of mortality at the time of birth stay the same throughout a person’s life.1 In reality, patterns of mortality improve over time thanks to discoveries and innovations in nutrition and medical…
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Share List It seems everywhere you turn these days, from news shows to news articles to local advertisements, there’s this idea of promoting “mindfulness” in our day-to-day lives. Mindfulness is generally accepted as focusing one’s mental state on the present moment, being completely aware of all elements around us. Some financial professionals have expanded this…
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Share List These days, it’s difficult to tell if America is still the greatest country in the world or one that has slipped from its pedestal. Perhaps it depends upon the measuring criteria. It is widely documented that the U.S. spends more on health care than any other country, with a total bill of $3.2…
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Share List With a new administration in the nation’s highest office, there is growing debate about Medicare reform. The federal program, which helps provide health insurance to those over 65 and certain younger people with disabilities, is partially funded by participant premiums and a 1.45 percent payroll tax, matched by employers. Yet, it routinely exceeds…
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Share List Almost 40 percent of high school graduates accepted for college admission ultimately do not attend the following year. The reason? College is expensive: The average college graduate emerged with about $30,000 in student loans in 2015.1 So you’ve got to wonder, is it worth it to graduate with that much debt, especially these…
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Share List The 30-year fixed mortgage rate rose from 3.5 percent to 4.25 percent after the presidential election. While higher rates might deter potential homebuyers — particularly young first-timers — residential real estate is expected to continue being a seller’s market throughout 2017.1 Meanwhile, the fate of Fannie Mae and Freddie Mac remains unclear. These…
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