Planning Retirement

You may have heard of capital preservation strategies at some point or another when planning for retirement. But what is capital preservation exactly? What could it mean for your overall financial plan? Here’s a quick look at what capital preservation involves – and why it becomes more important as people move into retirement and beyond. What Is Capital…

Are you at or near the point of needing principal protection? Not everyone has the same psychology of investing, but many people start tapping the brakes on their tolerance for risk as they near retirement. While financial markets had some history-making moments in the 2000s, they saw never-before-swings in 2020. Because of the economic and financial…

Almost as soon as Joe Biden was elected President, he announced his intention for an aggressive tax plan. Now the Biden tax proposal has been unveiled. Among other things, it would raise taxes on the wealthy and use that money to help pay for new developments in the United States’ infrastructure, family plans, and educational system.…

Retirement is a major event after many years of work. It marks the time when you end your career and begin the next chapter of your life. But sometimes retirees discover that they haven’t prepared as much as they could have for this transition. Just on the financial side, there are many pieces to set…

Healthcare spending in retirement has already been a hotbutton financial issue for some time. But the Covid-19 pandemic has turned the healthcare industry on its head. According to an article on healthcare publisher FierceHealthcare.com, PricewaterhouseCoopers says it’s hard to tell what may be ahead for future healthcare spending. The professional services firm recently unveiled a…

Annuities can bring more stability and certainty to a retirement portfolio. But how do you know you are getting a good deal for your money? The biggest advantage that annuities can give for your retirement is their guarantees. Or in other words, the contractual assurances that the contract-issuing insurance company promises to provide you. For…

The novel coronavirus pandemic has impacted all of us in some way. Almost overnight, the U.S. was hit hard with record unemployment. Many household incomes have been abruptly shut off. Several industries have slowed down to a crawl or else been shut off. Millions of former workers have been forced to dip into their savings accounts in…

“How is politics going to affect my retirement?” It’s a question that is on many retirement savers’ minds, especially as the 2020 election draws closer. Recently, Global Atlantic Financial Group put out a survey asking people about their thoughts on the presidential election – and what it might mean for market volatility. Many retirement investors…

Sometimes the stock market can go through a rough patch. The market takes a dive, and then the near-term outlook for stocks might not be that rosy. During those times, many people go on the hunt for ways to keep their money safe. For millions of Americans, one answer is fixed-type annuities. If you are…

As a new year rolls in, one survey suggests that advisors are optimistic but cautious about what might lie ahead for their clients in an uncertain economy. InvestmentNews has released the findings of another one of its comprehensive surveys of advisors each year. In November of 2019, the news outlet surveyed 353 advisors about their…