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Author Archives: IALC
With the recent market volatility, those saving for retirement may be becoming more and more nervous about the stability and security of their retirement savings. While Americans may not have direct control over the stock market, there are things they can control when it comes to saving for retirement, and simple mistakes they can and should avoid.
Today, we celebrate the 21st anniversary of Fixed Indexed Annuities (FIAs). And, what an anniversary it is! On February 15th, 1995, Fixed Indexed Annuities were first introduced to consumers as a key product for helping plan a secure, dependable source of income for retirement. Continue reading
2015 continued to be a big year for retirement research and news. From Americans lagging in their savings to Baby Boomers’ confidence in a good retirement plummeting, this years’ studies were a true wake-up call for the need to start preparing for retirement early.
When it comes to saving for retirement, many Americans are falling short. According to a recent study by the Financial Industry Regulatory Authority, more than 40 percent of Americans have no retirement savings. What better time to make a plan and start saving for your future than in the New Year? While many people vow to focus on their health during the New Year, it’s important to get your finances in shape, too.
Over the past several years, Fixed Indexed Annuities (FIAs) have emerged as a top choice for soon-to-be retirees due to their potential for wealth accumulation. With the New Year kicking into gear, there’s no better time to look back at the growth and challenges that FIAs have faced in 2015, and what we might expect for the product and industry in 2016.
2015 was a big year for Fixed Indexed Annuities (FIAs). From FIAs having their highest sales to-date to millennials displaying an increasing interest in the product, consumers are seeing FIAs more and more as a product they can fit into a balanced retirement portfolio. Continue reading
As we spend more time with loved ones over the coming weeks, it’s worthwhile to take some time and consider whether the family members and friends who are beginning to prepare for retirement are adequately prepared to step away from their jobs but continue to have financial security.
In my previous post, A Special Note to Women: Part 1, I highlighted Dr. David Babbel’s five significant hurdles that are facing American women and their retirement income. I discussed that while we all face risk with our retirement income, overall, women are subject to more financial risks than men, especially in their later years. Now that we are aware of what the significant hurdles are, how do we approach them?
While we all face risk with our retirement income, overall, women are subject to more financial risks than men, especially in their later years. Women have several unique challenges, including an average longer lifespan than men. Continue reading
In honor of National Save for Retirement Week, check out these 7 tips to make planning for retirement easier. Continue reading