A guaranteed income contract provides continuous retirement income based on your contributions. Some contracts set payments for life or a set amount of years.
Employer-based, employees can make salary contributions into these plans. There are some tax benefits, as well. 401(k)s and pensions are examples.
Tax-deferred investments, 401(k)s, pensions, IRAs, guaranteed income, and the cash value accrued from a whole life insurance policy can strengthen a portfolio.
It's not about affluence. It's about ensuring that loved ones and heirs are looked after. Ways to leave a legacy include a will and sound insurance planning.
Social Security is an important part of a retirement plan; however, it can be complex and its long-term solvency is uncertain. Here are 5 facts you should know about Social Security relative to retirement.
Negative returns early in retirement can deplete your portfolio more quickly than you planned.
The ramifications of having a special needs child can ripple through every aspect of family life, including retirement planning.
Generally, you have four choices when it comes to handling the money in a former employer’s retirement account.