Retirement Income Planning Archive

Annuity Rollover Options

When considering annuity rollover options, an investor may learn some new terms. Like 1035 exchange. Or Fixed Index Annuity. Or caps, spreads, etc. BLEH! However, in this article, I put together a concise overview of the landscape you face today. For the layman. Not the annuity geek. When considering options for money invested in an …

Angling the Tax Code to Make Obamacare Work for You

If you’re like many people, you see the cost increases since the ACA (affordable Care Act) was put in place and wonder if you can make Obamacare work for you. You worry about the impact it’s having on accessibility and cost. On the one hand the law guarantees coverage for students to a later age and …

HSA: Mysteries of The Health Savings Account

Understanding Health Savings Accounts… What the dickins is a health Savings Account? Since many people still use low deductible HMO’s and PPOs, there has been no need to know what an HSA is. However, as more and more companies try to control health insurance costs  – Whole Foods and Target being two large corporations that …

In-Force Annuities – Buying Someone Else’s Foolishness

Millions of people, in search of yields over 2%, have moved money from their banks accounts to financial markets. Buying up REITs, MLPs, Preferred stocks, High Dividend-Paying Stocks and Junk Bonds has been the solution for some. And even though yields on those investments are still much higher than bank account yields, many a scared …

Late in Life Retirement Planning for Boomers

Photo courtesy of 401(k) 2012 A number of clients approach me (often they are referred) worried about a retirement shortfall. Often it’s someone around age 60-64 who for whatever reason, has not saved significantly for retirement. Reasons often include:

Should You Take A Pension Roll-out Lump Sum Option?

A pension roll-out lump sum should only be taken after the most deliberate study of the figures. I’ve been getting a few inquiries lately about whether or not clients should take the lump sum pension roll-out benefit option from their employer pension. Before I get into analyzing that decision, let’s review how the offer comes …

Financial Independence by 50 (or 40) for Regular People

What does Financial Independence mean to you? “Financial Independence” is what we used to call “Retirement.” So if you like that word better, so be it. What does it mean to you? For older generations, they may have looked forward to stopping work and relaxing – and seeing that we had a larger blue collar …