Exclusive articles, tips, and strategies on how to prepare for and enhance retirement planning.
Reducing your required minimum distribution (RMD) tax is a priority for many retirees. Fortunately, there are a few things you can do to help minimize the amount of taxes you have to pay on your RMDs. In this guide, we will discuss some tips that can help reduce your RMD tax bill. Follow these tips …
When you retire, one of the most important decisions you will make is what to do with your money. One option is to purchase a retirement annuity. But what is a retirement annuity, and how does it work? This guide will discuss the basics of retirement annuities and how they can help you secure your …
What Is a Retirement Annuity and How Does It Work? Read More »
Figuring out how much money you will need to have saved up in order to live a comfortable retirement is no easy task. There are many factors to consider, such as your age, health, and lifestyle. In this guide, we will explore what is considered a good monthly retirement income and offer some tips on …
Longevity insurance is a relatively new type of insurance that has gained popularity in recent years. But what is it, and how does it work? In this guide, we will answer those questions and more! Longevity insurance is designed to provide you with financial security if you outlive your life expectancy. Therefore, it can be …
What is Longevity Insurance and How Does It Work? Read More »
When it comes to saving for retirement, there are many different options to choose from. Two of the most popular choices are annuities and bonds. However, both have their pros and cons, so it can be challenging to decide the best option for you. In this guide, we will compare annuities vs. bonds and help …
Annuity vs. Bonds: The Pros and Cons of Each Investment Read More »
Do you expect to receive a pension payment every month when you retire? If so, do you know how that works? In this guide, we will provide an overview of how pensions work. In addition, we will discuss the different types of pension plans and how they pay retirees. By understanding how pensions work, you …
How Do Pensions Work? An Overview of How Pension Plans Pay Retirees Read More »
Choosing the right Medicare plan can be difficult. There are so many options available, and it can be hard to know which plan is right for you. This guide will discuss the different types of Medicare plans available and help you decide which one is best for you. We’ll also provide information on comparing health …
The Best Medicare Plans: A Guide to Choosing the Right Plan for You Read More »
The Dow Jones Industrial Average, or DJIA, is a stock market index that measures the performance of 30 large publicly-owned companies in the United States. The DJIA was created by Charles Dow in 1896 and has been published continuously since then. It is one of the most popular indicators of the health of the U.S. …
The Dow Jones Industrial Average: What Is It and How Does It Work? Read More »
The Nasdaq Composite Index is a collection of stocks that are traded on the Nasdaq Stock Exchange. It includes over 3,000 stocks and is one of the most widely followed indexes in the world. The index is market capitalization-weighted, meaning that the larger companies have a greater impact on their performance. In this guide, we …
What is the Nasdaq Composite and How Does It Work? Read More »
What does RMD friendly mean with annuities? This is an important question for retirees who are looking to purchase an annuity. When you reach retirement age, you will be required to take minimum distributions from your retirement accounts. If you have an annuity, you want to make sure that it is RMD friendly, so that …